Solution-Calculate the contribution margin per pound for

Calculate the contribution margin per pound for each

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Reference no: EM132908492

Problem - Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.9 pounds of the material, S5 uses 2.5 pounds of the material, and G9 uses 5.5 pounds of the material. Demand for all products is strong, but only 51,300 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows.

	K1	S5	G91
Selling price	$155.62	$103.25	$211.25
Variable costs	94.00	82.00	148.00

Calculate the contribution margin per pound for each of the three products. Orders for which product should be produced and filled ?rst, then second, and then third?

Reference no: EM132908492

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Calculate the contribution margin per pound for each

Reference no: EM132908492

Reference no: EM132908492

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