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What is contribution margin per machine-hour for large chair

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Reference no: EM132470832

Frank's Furniture Company manufactures three sizes of lounge chairs: small, medium and large. Product information is provided below.

                                                     Small                      Medium                Large

Unit selling price                                $150                      $250                 $500

Unit costs:

Variable manufacturing                         (60)                      (120)                (200)

Fixed manufacturing                             (40)                         (50)               (120)

Variable selling and administrative           (30)                          (30)                 (30)

Unit profit                                          $20                              $50               $150

Demand in units                                100                                 120                  100

Machine-hours per unit                       20                                   40                    100

Point 1: The maximum machine-hours available are 6000 per week.

Question 1: What is the contribution margin per machine-hour for a large chair?

Reference no: EM132470832

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