Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. riverbed corporation makes two products, footballs

Riverbed Corporation makes two products, footballs and baseballs. Additional information follows: ...

80.2K

Verified Solution

Question

Accounting

Riverbed Corporation makes two products, footballs and baseballs. Additional information follows:

Footballs

Baseballs

Units

2,000

2,500

Sales

 $99,600 $41,500

Variable costs

 39,840 22,825

Fixed costs

 16,600 8,715

Net income

 $43,160 $9,960

Yards of leather per unit

 1.25 0.30

Net income per unit

 $21.58 $3.98

Unit contribution margin

 $29.88 $7.47

Assume that Riverbed is able to order an additional 3,500 yards of leather and wishes to maximize its net income. Of the additional units it produces, at least 700 of each product are necessary for sales. How many units of each must be produced? (Round contribution margin per yard to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,275.)

Footballs

Baseballs

Units produce

 enter a number of units enter a number of units

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

Biology
1.2K views

Discuss the Extinction Risks for Coral Reefs as a result of Coral Bleaching. Coral reef ecosystems around...

Psychology
1.2K views

Describe the different motivations or needs that human beings experience and the effects on psychosocial behavior. Explain...

General Management
1.2K views

You are an administrator at the Centers for Disease Control and Prevention (CDC) in Atlanta, Georgia....

Biology
1.2K views

A simple stain allows one to tell about the shape and arrangement of bacterial cel...

Physics
1.2K views

4 Half life of a radioactive substance A is two times the half life of...

Algebra
1.2K views

O O 35 36 37 38 39 31 O 33 32 30 29 O 34...

Algebra
1.2K views

When asked to write f x 2x 16x 7 in vertex form Carlos showed his...

Accounting
1.2K views

Suponga que tiene una cartera bien diversificada que tiene un rendimiento esperado de 11,0% y...

Accounting
1.2K views

Cost of Production Report The Cutting Department of Karachi Carpet Company provides the following data...

Accounting
1.2K views

IMA Data Analytics & Visualization Fundamentals Certificate RESOURCE Final Assessment Questions (16 of 45) SUBMIT...

Accounting
1.2K views

V Mark for follow up ? Question 16 of 75. Each of the following is...

Accounting
1.2K views

Eli Lilly Corp, included the following footnote in its 2020 Form 10-K: Environmental Matters The...