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Exercise 10-13 Utilization of a Constrained Resource [LO5, LO6] Banner Company...

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Accounting

Exercise 10-13 Utilization of a Constrained Resource [LO5, LO6]

Banner Company produces three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow:

Product
A B C
Selling price $ 120 $

110

 $ 110
Variable costs:
Direct materials 61.20 22.50 41.00
Direct labor 25.00 50.00 30.00
Variable manufacturing overhead 5.00 10.00 6.00
Total variable cost 91.20 82.50 77.00
Contribution margin $ 28.80 $ 27.50 $ 33.00
Contribution margin ratio 24 % 25 % 30 %

Due to a strike in the plant of one of its competitors, demand for the company

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