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5 133 Colt Company owns a machine that can produce two specialized products Production time...

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Accounting

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5 133 Colt Company owns a machine that can produce two specialized products Production time for Product TLX is two units per hour and for Product MTV is five units per hour. The machine's capacity is 2,500 hours per year. Both products are sold to a single customer who has agreed to buy all of the company's output up to a maximum of 4 250 units of Product TLX and 2.325 units of Product MTV Selling prices and variable costs per unit to produce the products follow per unit Product TUX Product MTV Selling price per unit $6.30 Variable costs per unit 3.45 Determine the company's most profitable sales mix and the contribution margin that results from that sales mix (Round per unit contribution margins to 2 decimal places.) H Product TLX Prucat MTV Contribution martin per unit Contribution margin per production hour Beece Total Product TL 4250 Product MTV 2325 Maximum number of units to be sold Hours required to produce maximum unit Product LX Product MTY Total For Most Profitable Sales Mix Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin

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