Homework Answers
| Economy | Standard | Deluxe | |
| Selling price per unit (i) | 30 | 50 | 100 |
| Variable cost per unit (ii) | 16 | 20 | 46 |
| Contribution margin per unit (i) - (ii) = (iii) | 14 | 30 | 54 |
| Machine hours per unit (iv) | 0.5 | 0.8 | 1.6 |
| Contribution margin per machine hour (iii)/(iv) | 14/0.5 = 28 | 30/0.8 = 37.5 | 54/1.6 = 33.75 |
a)
Since Contribution margin per unit of Deluxe product is highest, hence Deluxe product should be manufactured.
b)
| Economy | Standard | Deluxe | |
| Contribution margin per machine hour | $28 | $37.5 | $33.75 |
c)
Since Contribution margin per machine hour of Standard product is highest, hence additional machine time obtained should be used first in the production of Standard product, then for the production of Deluxe product and remaining machine hours, if available, should be used for producing Economy product.
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Problem 19-4A
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currently operating at full capacity with limited machine
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Sales and production information relevant to each model
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Problem 19-4A
Tanek Industries manufactures and sells three different models
of wet-dry shop vacuum cleaners. Although the shop vacs vary in
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currently operating at full capacity with limited machine
time.
Sales and production information relevant to each model
follows.
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