please help Exercise 20-11 (Part Level Submission) Mars Company manufactures and

Question

please help

Exercise 20-11 (Part Level Submission) Mars Company manufactures and sells three products. Relevant per unit data concerning each product are given below Product Selling price Variable costs and expenses Machine hours to produce $8 $5 $16 $13 $15 $ 13 Your answer is correct. Compute the contribution margin per unit of limited resource (machine hours) for each product. (Round contribution margin per unit to 2 decimal places, e.g. 1.25.) Product A Product B Product C Contribution margin per unit of limited resource Attempts: 1 of 3 used Your answer is correct. Assuming 3,000 additional machine hours are available, which product should be manufactured? uct Attempts: 1 of 3 used What is the total contribution margin if the hours are (1) divided equally amoung the products and (2) if they are allocated entirely to the product identified above. Total contribution margin (1) Divided equally amoung the products (2) Allocated entirely to the product identified above Attempts: 0 of 3 used

Explanation / Answer

Total contribution margin Divided equally among the products 5000 =(1000*1.5)+(1000*2)+(1000*1.5) Allocated entirely to the product identified above 6000 =3000*2

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