User Account

All Pages

Determine the maximum total contribution margin

Assignment Help Accounting Basics
Reference no: EM131928315

Problem - Gunst Company produces three video games: Android, Bio-Mutant, and Cyclops. Cost and revenue data pertaining to each product are as follows.

 

Android

Bio-Mutant

Cyclops

Selling price

$100

$64

$125

Direct labor

48

24

60

Direct materials

9

8

16

Variable overhead

7

4

9

At the present time, demand for each of the company's products far exceeds its capacity to produce them. Thus, management is trying to determine which of its games to concentrate on next week in filling its backlog of orders. Gunst's direct labor rate is $12 per hour, and only 1,000 hours of direct labor are available each week.

Determine the maximum total contribution margin the company can make by its best use of the 1,000 available hours.

Reference no: EM131928315

Questions Cloud

What percentage of the interest payment is the result : What is the total dollar amount you will have to pay her back in a year? What percentage of the interest payment is the result of the real rate of interest?
What should be the annual deposit to withdraw : What should be the annual deposit to withdraw the amount as per his requirement.
Explain why the npv of a relatively long-term project : Explain why the NPV of a relatively long-term project, defined as one for which a high percentage of its cash flows are expected in the distant future
What is the portfolio beta : Your investment club has only two stocks in its portfolio. $20,000 is invested in a stock with a beta of 0.7, and $35,000 is invested in a stock with a beta.
Determine the maximum total contribution margin : Gunst Company produces three video games: Android, Bio-Mutant, and Cyclops. Determine the maximum total contribution margin the company can make
What will be the bond trading value at that time : Suppose that investors' opportunity cost reduces to 5.5%, what will be the bond's trading value at that time? Show your work in detail
Draw a profit diagram that indicates : Draw a profit diagram that indicates when you will gain or lose combined position. Compare this with different basic interest rate swap and futures positions.
Write a research paper on relativistic momentum : You need to write a research paper on Relativistic momentum Include Introduction, images, references, equation and formula
What was the firm operating cash flow of given year : What was the firm's 2015 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the total manufacturing overhead cost

Miller Company's total sales are 120,000. What is the total manufacturing cost? What is the total variable selling and admin cost

  Ott purchased 11 shares of happy new year amp co stock on

ott purchased 11 shares of happy new year amp co. stock on january 3 20x1 at 20 a share to celebrate the new year and

  You are to prepare the necessary adjusting journal entries

The following information for Wilson Company is available on June 30, 2013, the end of a monthly accounting period. You are to prepare the necessary adjusting journal entries for Wilson Company for the month of June for each situation given. Appropri..

  What would be the size of the single payment

Which schedule should the company accept and What would be the size of the single payment

  What is meant by the term balancedscorecard framework

ACCT5021 Accounting for Managers Assessment Task: Case Study. Explain what is meant by the term "BalancedScorecard Framework" and Discuss the main advantages and disadvantages of the "Balanced Scorecard Framework"

  In 2007 admire company accrued for financial statement

in 2007 admire company accrued for financial statement reporting estimated losses on disposal of unused plant

  Preparing an appropriate journal entry

Prepare an appropriate journal entry to indicate the impact of the transactions on the city's fund financial statements for the year ending December 31, 2011.

  Straight-line amortization problem

The annual interest rate is 8%. What is the amount of taxable interest income that Karen should report for 2010, and the adjusted basis for the bonds at the end of 2010, assuming straight-line amortization is appropriate?

  R-ball corporation manufacturesdeluxe and standard

r-ball corporation manufacturesdeluxe and standard racquetball racquets. r-balls totaloverhead costs consist of

  Can someone who is a leader not be a manager

Write a 200- to 350-word paragraph answering the following questions: Can someone who is a leader not be a manager? Why or why not?

  What is the amount of outstanding checks at end of november

In the month of November, Crane Company Inc. wrote checks in the amount of $9, 440. What is the amount of outstanding checks at the end of November?

  If the company implements a total quality managemnetprogram

a corporation is trying to determine how long it takes for oneproduct to pass through the production process. the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd