additonl1Chip Company produces three products, Kin, Ike, and BIx. Each product uses the same direct...
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additonlChip Company produces three products, Kin, Ike, and BIx. Each product uses the same direct materlal. Kin uses pounds of the materlal, Ike uses pounds of the materlal, and BIx uses pounds of the materlal. Selling price per unit and varlable costs per unit of each product follow. a Compute contribution margin per pound of material for each product. b If demand Is IImited, Ilst the three products in the order in which management should produce and meet demand. 
additonlChip Company produces three products, Kin, Ike, and BIx. Each product uses the same direct materlal. Kin uses pounds of the
materlal, Ike uses pounds of the materlal, and BIx uses pounds of the materlal. Selling price per unit and varlable costs per unit
of each product follow.
a Compute contribution margin per pound of material for each product. b If demand Is IImited, Ilst the three products in the order in
which management should produce and meet demand.
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