User Account

All Pages

What is the most profitable sales mix for Elliot Company

Assignment Help Accounting Basics
Reference no: EM132532014

Question - Elliot Company can sell all of its products A and Z that it can produce, but it has limited production capacity. It can produce 8 units of A per hour or 10 units of Z per hour, and it has 20,000 production hours available. Contribution margin per unit is $12 for A and $10 for Z. What is the most profitable sales mix for Elliot Company?

a. 84,000 units of A and 60,000 units of Z.

b. 48,000 units of A and 80,000 units of Z.

c. 60,000 units of A and 100,000 units of Z.

d. 120,000 units of A and 0 units of Z.

e. 0 units of A and 200,000 units of Z.

Reference no: EM132532014

Questions Cloud

Calculate the cost of equity for the levered : Calculate the cost of equity for the levered firm according to MM proposition I without taxes
Calculate the total interest paid in the 4th year : John borrowed $35,000 from a bank at 12 percent semiannually compounded interest to be repaid in 5 years. Calculate the total interest paid in the 4th year.
What is the value of the firm : Elzear & Co. expects its EBIT to be $75,000 every year forever. The firm can borrow at 10%. Elzear currently has no debt, and its cost of equity is 14%.
What is the cash to be contributed by C in ABC Partnership : The partners agreed that B will have 60% capital interest in the partnership. What is the cash to be contributed by C in the ABC Partnership
What is the most profitable sales mix for Elliot Company : Contribution margin per unit is $12 for A and $10 for Z. What is the most profitable sales mix for Elliot Company
What is the firm cost of equity : Al's Pub has debt with both a book and a market value of $120,000. This debt has a coupon rate of 9% and pays interest annually. The expected earnings
What is Turnips recognized gain on the distribution : Chang's basis in his Turnip's stock is $20,000, has an individual marginal tax rate of 33%. What is Turnip recognized gain on the distribution
Indicative of an absence of arbitrage : What should be the EUR/GBP exchange rate that would be indicative of an absence of arbitrage?
Prove that the interest rate implicit in the lease : On 1 July 2019, Fisher Ltd decides to lease a cargo ship from XFinance Ltd. Prove that the interest rate implicit in the lease is 10 per cent

Reviews

Write a Review

Accounting Basics Questions & Answers

  What accounts payable balance appears in the general ledger

What Accounts Payable balance appears in the general ledger at the end of January?

  How much gross income will partha report

Partha owns a qualified annuity that cost $52000. Under the contract, when he reaches age 65, he will receive $500 per month until he dies.

  Hey can somebody help can anybody kindly give me a push on

hey can somebody help can anybody kindly give me a push on this one please? askew company uses a periodic inventory

  Rnt on apartments purchased by liz 15 yrs ago

liz and doug were divorced on december 31 of the current year after 10 years of marrage. their current years income

  If the company uses the percentage of sales basis to

the december 31 2007 balance sheet of quayle company had accounts receivable of 500000 and a credit balance in

  Prepare a memorandum outlining the information

One of your wealthy clients, Cecile, invests $100,000 for sole ownership of an electing S corporation's stock. The corporation is in the process of developing a new food product.

  Determine seven items listed for new slang pest control

Prepare in journal form the adjusting entries for the seven items listed for New Slang Pest Control.Determine seven items listed for New Slang Pest Control

  Auctioncocom sells used products collected from different

auctionco.com sells used products collected from different suppliers. assume a customer ordered a used bicycle through

  Lenny florita, an unmarried employee

Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $14 per hour, and his wages are subject to no deductions other than FICASocial Security,

  Discussion should include an examination of consumer

Discussion should include an examination of how consumer behavior might impact those pricing, marketing, and packaging decisions

  Nonmonetary exchanges for garrison construction

During the current year, Garrison Construction trades an old crane that has a book value of $80,000 (original cost $140,000 less accumulated depreciation $60,000) for a new crane from Keillor Manufacturing Co. the new crane cost Keillor $165,000 t..

  What is volume of sales in units required to achieve target

Zero, Inc. produces a product that has a variable cost of $8.00 per unit. The company's fixed costs are $40,000. The product sells for $13.00 a unit.

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