Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per...
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Accounting
Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit) Product B A 80 $56 $70 Selling price Variable expenses: 15 24 24 48 Direct materials 27 42 Other variable expenses Total variable expenses Contribution margin Contribution margin ratio - 49 $32 $14 $ 21 40% 25% The company estimates that it can sell 800 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 5,000 pounds available each month
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