question archive Edge Company produces two models of its product with the same machine
Subject:AccountingPrice: Bought3
Edge Company produces two models of its product with the same machine. The machine has a capacity of 166 hours per month The following information is available Selling price per unit Variable costs per unit Contribution margin per unit Machine hours per unit Maximum unit sales per month Required: Standard $ 200 85 $ 125 1 hour 658 units Deluxe $ 230 138 $ 92 2 hours 250 units 1 Determine the contribution margin per machine hour for each model Product Contribution Margin Contribution margin per unit Standard Deluxe Contribution margin per machine hour 2 How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Standard Deluxe Total Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per un Total contribution margin 3. Assume the mamum demand for the Standard model is 80 units (not 650 units) How many units of each model should the company produce? How much total contribution margin does this produce per month? Standard Deluxe Total Hours dedicated to the production of each product Dots produced for most profitable sales mix Contribution margin per Totalcorbution margin