Question gemini sells the following four products the, Ask an Expert

Accounting

Question: Gemini sells the following four products. The demands for the products are unlimited. Price and manufacturing cost data follow. All products require a simulation. Currently, only 1,000 hours of simulation time are available. Product Delta Epsilon Phi Sigma Selling price per unit $ 2,000 $ 2,400 $3,400 $1,000 Standard cost per unit: Variable $ 950 $ 1,800 $2,200 $620 Fixed 850 200 600 100 Total $1,800 $2,000 $2,800 $720 Contribution margin ratio 0.525 0.250 0.353 0.380 Gross profit ratio 0.100 0.167 0.176 0.280 Simulation time needed per unit of product 3 hrs 2 hrs 3 hrs 1 hr Gemini should produce which product first?

View complete question

Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92572340

Have any Question?Write your Review or question?

Related Questions in Accounting Basics

Question - if someone self employed earns 195000 what is

Question - If someone self employed earns $195,000, what is the total self employment tax liability? What is the self employment tax deduction?

Question - cosos internal control - integrated framework

Question - COSO's Internal Control - Integrated Framework discusses technology general controls and application controls. What are technology general controls and application controls? How do technology general controls ...

Discussion your new client barbara has just formed a new

Discussion: Your new client, Barbara, has just formed a new corporation that provides consulting services to couples contemplating marriage. She has learned from her accountant that there will be items in her business th ...

Question - blacken company manufactures motorcycles the

Question - Blacken Company manufactures motorcycles. The company's management accountant wants to calculate the fixed and variable costs associated with utility cost incurred by the factory. Data for the past five months ...

Assignment -company name - hewlett packard1 what does your

Assignment - Company name - Hewlett Packard. 1. What does your company produce? 2. Analyze the trends in sales, cost of goods sold, gross profit, and operating income for your manufacturing company. Prepare a trend analy ...

Question - flounder inc purchased land building and

Question - Flounder Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $434,700. The estimated fair values of the assets are land $82,800, building $303,600, and equipment $110,400 ...

Question - on october 1 nathan4u inc made a 25000 sale on

Question - On October 1, Nathan4U, Inc. made a $25,000 sale on account with the following terms: 1/15, n/30. If the company method to record sales made on credit, how much should be recorded as revenue on October 1?

Question - phil goode will receive 112000 in 19 years his

Question - Phil Goode will receive $112,000 in 19 years. His friends are very jealous of him. If the funds are discounted back at a rate of 14 percent, what is the present value of his future "pot of gold"?

Question - the records of riverbeds boutique report the

Question - The records of Riverbed's Boutique report the following data for the month of April. Sales revenue$100,100 Purchases (at cost) $47,400 Sales returns 1,900 Purchases (at sales price) 95,300 Markups 9,500 Purcha ...

Question as you explored in the the value of literature

Question: As you explored in the The Value of Literature discussion, literature can provide us with a multitude of perspectives, ideas, and experiences. Additionally, there is a long tradition of critical reading and wri ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Accounting Basics Expert