Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Selling price per unit Variable cost per unit Plastic injection molding machine processing time required to produce one unit Pounds of plastic pellets per unit 4. Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? Required 1 Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? 2. Which product offers the most profitable use of the plastic injection molding machine? Complete this question by entering your answers in the tabs below. 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? Required 2 Contribution margin per pound of the constrained resource Required 1 Ski Guard $ 220 $ 140 4 minutes 12 pounds Required 4 Required 3 Required 4 If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.) Contribution margin per minute of the constrained resource Required 5 > Answer is complete but not entirely correct. Golf Guard $ 330 $ 260 Required 5 Ski Guard $ 0.00 per pound 12 minutes 15 pounds Ski Guard $ 0.00 per minute Fishing Guard $ 200 $ 115 Golf Guard 0.00 per pound $ 0.00 Required 2 Required 3 If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.). 9 minutes 13 pounds Golf Guard $ 0.00 per minute Fishing Guard $ 0.00 per pound $ Fishing Guard 0.00 per minute

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's
most popular models appear below.
Selling price per unit.
Variable cost per unit
Plastic injection molding machine processing time required to
produce one unit
Pounds of plastic pellets per unit
Required 1
Complete this question by entering your answers in the tabs below.
Required 2
Required:
1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how
much contribution margin per minute of the constrained resource is earned by each product?
2. Which product offers the most profitable use of the plastic injection molding machine?
Required 1
3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new
constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained
resource is earned by each product?
4. Which product offers the most profitable use of the plastic pellets?
5. Which product has the largest contribution margin per unit?
Required 3 Required 4
Contribution margin per pound of the constrained resource
Required 2
Required 3
Required 4
Ski Guard
$ 220
$ 140
4 minutes
12 pounds
Required 5
Contribution margin per minute of the constrained resource
If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available
pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.)
Answer is complete but not entirely correct.
Required 5
Golf Guard
$ 330
$ 260
Ski Guard
$ 0.00 per pound
$
12 minutes
15 pounds
Ski Guard
0.00 per minute
Fishing Guard
$ 200
$ 115
Golf Guard
$ 0.00 per pound
9 minutes
13 pounds
If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of
the constrained resource is earned by each product? (Round your final answers to 2 decimal places.)
Golf Guard
$ 0.00 per minute
Fishing Guard
$ 0.00 per pound
$
Fishing Guard
0.00 per minute
Transcribed Image Text:Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Selling price per unit. Variable cost per unit Plastic injection molding machine processing time required to produce one unit Pounds of plastic pellets per unit Required 1 Complete this question by entering your answers in the tabs below. Required 2 Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? 2. Which product offers the most profitable use of the plastic injection molding machine? Required 1 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? Required 3 Required 4 Contribution margin per pound of the constrained resource Required 2 Required 3 Required 4 Ski Guard $ 220 $ 140 4 minutes 12 pounds Required 5 Contribution margin per minute of the constrained resource If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.) Answer is complete but not entirely correct. Required 5 Golf Guard $ 330 $ 260 Ski Guard $ 0.00 per pound $ 12 minutes 15 pounds Ski Guard 0.00 per minute Fishing Guard $ 200 $ 115 Golf Guard $ 0.00 per pound 9 minutes 13 pounds If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.) Golf Guard $ 0.00 per minute Fishing Guard $ 0.00 per pound $ Fishing Guard 0.00 per minute
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