Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market...

Question

Question

Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exist

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

	Model X	Model Y	Model Z
Selling price per unit	58	69	71
Less: Variable costs per unit
Direct materials	6	6	6
Direct labor	13	13	26
Variable support costs	5	10	10
Total variable costs	24	29	42
Contribution margin per unit $	34	40	29

Model Y has the highest contribution margin per unit of $40.

Answer: B. Model Y

Add a comment

Answer 2

Similar Homework Help Questions

Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market...

Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists for all models. The following per unit data apply: Model X $50 Model Y $63 Model Z $72 Selling price Direct materials Direct labor ($13 per hour) Variable support costs ($4 per machine - hour) Fixed support costs ūcco ü co co co Which model has the greatest contribution margin per machine - hour? O A. Model X O B. Model Y...
8) Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market dem...

8) Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists for all models. The following per unit data apply: $50 Model Z $80 10 Model X Selling price Direct materials 10 Direct labor ($15 per hour) Variable support costs ($5 per machine-hour) 5 Fixed support costs 12 Model Y $66 10 15 10 12 15 12 Which model has the greatest contribution margin per unit? A) Model X B) Model Y...
$90 Norton's Mufflers manufactures three different product lines: Model X, Model Y, and, Model Z. Considerable...

$90 Norton's Mufflers manufactures three different product lines: Model X, Model Y, and, Model Z. Considerable market demand exists for all models. The following per unit data apply: Model X Model Y Model Z Selling price $80 $100 Direct materials 30 Direct labour ($10 per hour) 15 15 20 Variable support costs ($5 per machine-hour) 5 10 10 Fixed support costs 20 20 30 30 20 Required: a. For each model, compute the contribution margin per unit.[2 Mark) b. For...

12. Braun's Brakes manufactures three different product lines, Model X, Model Y, and Model Z. Considerable...

12. Braun's Brakes manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists for all models. The following per unit data apply: Model X Model Y Model 2 Selling price S50 S60 $70 Direct materials 6 6 6 Direct labor (S12 per hour) 12 12 24 Variable support costs (S4 per machine- hour) 4 8 8 Fixed support costs 10 10 10 If there is a machine breakdown, which model is the most profitable...
Pan’s Products Inc. manufactures three different product lines, which are called Orange, Blue, and Green. Considerable...

Pan’s Products Inc. manufactures three different product lines, which are called Orange, Blue, and Green. Considerable market demand exists for all models. The following per unit data apply: Orange Blue Green Selling price $180 $195 $220 Direct materials 70 70 70 Direct labor ($20 per hour) 30 30 40 Variable support costs ($12 per machine-hour) 12 24 24 Fixed support costs 40 40 40 a. For each model, compute the...
Help, please. I have test Problem 9 (10 points) Answer the following questions using the information...

Help, please. I have test Problem 9 (10 points) Answer the following questions using the information below: Braun's Rraleem uns Brakes manufactures three different product lines, Model X, Model Y, and Model Z. considerable market demand exists for all models. The following per unit data apply: Model X Model Y Model Z $50 $60 $70 Selling price Direct materials Direct labor ($12 per hour) Variable support costs (54 per machine-hour) Fixed support costs 12 24 4 10 10 10 Which...

SE Problem 10 CLS Simply Chs five stos Virgi Problem 9 (10 points) Answer the following...

SE Problem 10 CLS Simply Chs five stos Virgi Problem 9 (10 points) Answer the following questions using the information below: Braun's Brakes manufactures three different product lines. Model X. Model Y, and Model Z Considerable market demand exists for all models. The following per unit data apply. 6 Model X Model Y Model Z Selling price $50 $60 $70 Direet materials Direct labor (S12 per hour) Variable support costs ($4 per machine-hour) 4 Fixed support costs 10 10 10...
Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $300...

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's contribution...
Kinnane's Fine Furniture manufactures two models, Standard and Premium. Weekly demand is estimated to be 104...

Kinnane's Fine Furniture manufactures two models, Standard and Premium. Weekly demand is estimated to be 104 units of the Standard Model and 71 units of the Premium Model. The following per unit data apply: Standard $21 Premium $30 Contribution margin per unit Number of machine - hours required The contribution per machine -hour is O A. $147 for Standard, $150 for Premium O B. $21 for Standard, $30 for Premium O C. $3 for Standard, $6 for Premium OD. $14...

Cari Company produces three products; X, Y and Z. Additionally, they only have 1,000 direct labor...

Cari Company produces three products; X, Y and Z. Additionally, they only have 1,000 direct labor hours available to produce their products. Time requirements and contribution margins per unit for each product are as follows: Product X Product Y Product Z Labor hours Contribution margin per unit $10 $24 $12 Required: a. Which of the three product lines makes the most profitable use of the constrained resource, direct labor hours? What would be the contribution margin if you used all...

Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market...

Homework Answers