Solution-Determine the optimal sales mix and the

Determine the optimal sales mix and the contribution margin

Reference no: EM13943671

Santana Rey has found that her line of computer desks and chairs has become very popular and she is finding it hard to keep up with demand. She knows that she cannot fill all of her orders for both items, so she decides she must determine the optimal sales mix given the resources she has available. Information about the desks and chairs follows.

322_68-B-F-F-M (2332).png

Santana has determined that she only has 777 direct labor hours available for the next quarter and wants to optimize her contribution margin given the limited number of direct labor hours available.

Required:

Determine the optimal sales mix and the contribution margin the business will earn at that sales mix. (Input all amounts as positive values. Do not round intermediate calculations and round your final answers to 2 decimal places. Omit the "$" sign in your response).

Reference no: EM13943671

Questions Cloud

What is the current price of the bonds : Grossnickle Corpnissued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 5.5%. What is the current price of the bonds, given that they now have 19 years to mat..

Doing environmental scanning and market research : Explain how companies are doing environmental scanning and market research and seeing some benefits for their business.

Considerations for enterprise system integration : Research important considerations for enterprise system integration. Compile a list of 5-7 categories of considerations, and discuss how they will be handled in the integration project.

Projects annual operating costs are expected : Sunshine Smoothies Company (SSC) manufactures and distributes smoothies. SSC is considering the development of a new line of high-protein energy smoothies. SSC's CFO has collected the following information regarding the proposed project, which is exp..

Determine the optimal sales mix and the contribution margin : Determine the optimal sales mix and the contribution margin the business will earn at that sales mix.

Impact on meat fish their tissue : Smoking process, role,types of smoking, contain of smoke, impact on meat fish their tissue,

Which rule is dominant in the united states : For this week's assignment, you will write a 300-word minimum essay about criminal omission. In your essay, please address the following: Define, compare, and contrast the "Good Samaritan" rule and the American bystander rule. Which rule is dominant ..

Essential prerequisite to increase food production : In order to meet the increasingdemand of food grain in the country, Fertilizer is one of the main inputs to agricultural sector. It is an essential prerequisite to increase food production.

What is component cost of debt or use in wacc calculation : The Nexcell Company sold a $1,000 par value, non callable bond that now has 15 years to maturity and a 5.00% annual coupon that is paid semi annually. The bond currently sells for $920 and the company's tax rate is 40%. What is the component cost of ..

User Account

All Pages

Determine the optimal sales mix and the contribution margin

Reference no: EM13943671

Reference no: EM13943671

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT