Check my work 6 Colt Company owns a machine that can produce two specialized products...

60.1K

Verified Solution

Question

Accounting

image
image
Check my work 6 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 four units per hour. The machine's capacity is 2100 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 3,570 units of Product TLX and 1,690 units of Product MTV. Seling prices and variable costs per unit to produce the products follow 0.9 points Product TLX Produet NTv $13.00 3.90 $7.60 4-6 Selling price per unit Variable costs per unit Determine the company's most profitable sales mix and the contribution margin that results from that sales mix. (Round cost per unit answers to 2 decimal places) Contribution margin per production hour TLX 3.570 1,890 Maximum number of unts to be sold Hours required to produce maximum unts Hours dedicated to the production of each product 6 vetermine tne companys most prontapie saies mix ana tne contrioution margin tnat resuits rom tnat saies mix. (kouna co answers to 2 decimal places.) 0.9 points Product TLX Product MTV Contribution margin per unit eBook Hint Print References Contribution margin per production hour Product TLX Product MTV Total Maximum number of units to be sold ,570 1,690 Hours required to produce maximum units Product TLX Product MTV Total r 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 Graw

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students