Edgerron Company is able to produce two products, G and B, with the same machine in...

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Finance

Edgerron Company is able to produce two products, G and B, withthe same machine in its factory. The following information isavailable.

Product GProduct B
Selling price per unit$190$220
Variable costsper unit80132
Contributionmargin per unit$110$88
Machine hours toproduce 1 unit0.4hours1.0hours
Maximum unitsales per month550units200units

The company presently operates the machine for a singleeight-hour shift for 22 working days each month. Management isthinking about operating the machine for two shifts, which willincrease its productivity by another eight hours per day for 22days per month. This change would require $11,000 additional fixedcosts per month. (Round hours per unit answers to 1 decimalplace. Enter operating losses, if any, as negativevalues.)

2. How many units of Product G and Product B should the companyproduce if it continues to operate with only one shift? How muchtotal contribution margin does this mix produce each month?

           Product G        ProductB        Total

Hours dedicated to the production of eachproduct                          

Units produced for most profitable salesmix                        

Contribution margin perunit             

Total contribution margin - oneshift                        

3. If the company adds another shift, how many units of ProductG and Product B should it produce? How much total contributionmargin would this mix produce each month?

           Product G        ProductB        Total

Hours dedicated to the production of eachproduct                          

Units produced for most profitable salesmix                        

Contribution margin perunit             

Total contribution margin - twoshifts                                   

                                   

                                   

                                   

                                   

                                   

4. Suppose that the company determines that it can increaseProduct G’s maximum sales to 600 units per month by spending$10,000 per month in marketing efforts. Should the company pursuethis strategy and the double shift?

           Product G        ProductB        Total

Hours dedicated to the production of eachproduct                          

Units produced for most profitable salesmix                        

Contribution margin perunit             

Answer & Explanation Solved by verified expert
4.5 Ratings (754 Votes)
Product G Product B Contribution Margin per Unit 110 88 Machine Hours to produce one unit 040 hours 1 hour Contribution Margin per machine hour 275 88 2 440 units of Product G and 0 units of Product B would be possible The maximum contribution margin 48400 Product G Product B Total Hours dedicated to the production of each product 176 0    See Answer
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Transcribed Image Text

Edgerron Company is able to produce two products, G and B, withthe same machine in its factory. The following information isavailable.Product GProduct BSelling price per unit$190$220Variable costsper unit80132Contributionmargin per unit$110$88Machine hours toproduce 1 unit0.4hours1.0hoursMaximum unitsales per month550units200unitsThe company presently operates the machine for a singleeight-hour shift for 22 working days each month. Management isthinking about operating the machine for two shifts, which willincrease its productivity by another eight hours per day for 22days per month. This change would require $11,000 additional fixedcosts per month. (Round hours per unit answers to 1 decimalplace. Enter operating losses, if any, as negativevalues.)2. How many units of Product G and Product B should the companyproduce if it continues to operate with only one shift? How muchtotal contribution margin does this mix produce each month?           Product G        ProductB        TotalHours dedicated to the production of eachproduct                          Units produced for most profitable salesmix                        Contribution margin perunit             Total contribution margin - oneshift                        3. If the company adds another shift, how many units of ProductG and Product B should it produce? How much total contributionmargin would this mix produce each month?           Product G        ProductB        TotalHours dedicated to the production of eachproduct                          Units produced for most profitable salesmix                        Contribution margin perunit             Total contribution margin - twoshifts                                                                                                                                                                                                                  4. Suppose that the company determines that it can increaseProduct G’s maximum sales to 600 units per month by spending$10,000 per month in marketing efforts. Should the company pursuethis strategy and the double shift?           Product G        ProductB        TotalHours dedicated to the production of eachproduct                          Units produced for most profitable salesmix                        Contribution margin perunit             

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