User Account

All Pages

Determine the maximum total contribution margin

Assignment Help Accounting Basics
Reference no: EM131761914

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   $ 78   $ 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. (Do not round intermediate calculations.)

Reference no: EM131761914

Questions Cloud

What do these pilgrims-egeria : What do these pilgrims-Egeria, Faxian, and Vidura-see and do when they visit a holy site? What are some of the threats, explicit and implicit
Violation of basic church doctrine : Why did his work become so well-known so quickly? Eventually he was charged with heresy. How did he argue that his ideas were not a violation of basic.
Mckinley decision on the philippines : A conservative Republican from Ohio and an advocate of imperialism, President William McKinley framed his decision to annex the Philippines in religious terms:
What stakeholders were affected by the decision or action : What stakeholders were affected by the decision or action? What would have been considered the "right" outcome?
Determine the maximum total contribution margin : Determine the maximum total contribution margin the company can make by its best use
What is the project net present value : If the company chooses to drill today, what is the project's net present value? What is the value of the investment timing option
Mark twain comments on the philippines in 1906 : Among the top two or three greatest novelists in American history, Twain is largely remembered for chronicles of life on the Mississippi River.
Prepare balance sheet relative to the lease arrangement : Steel Company as lessee signed a lease agreement for equipment for 5 years, beginning December 31, 2017. Annual rental payments of $40,000.
How much life insurance do you need : How much life insurance do you need? Using the Life Insurance Calculator, enter the information and post your results in the textbox section of the assignment.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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