Lie Around Furniture manufactures two products: Futons and Recliners. The following data are available: The company can manufacture 3 futons per machine hour and 1 recliners per machine hour. The company's production capacity is 3600 machine hours per month.
What is the contribution margin ratio for futons?
A)48.57%
B)305.88%
C)167.31%
D)32.69%

Question

Lie Around Furniture manufactures two products: Futons and Recliners. The following data are available:  The company can manufacture 3 futons per machine hour and 1 recliners per machine hour. The company's production capacity is 3600 machine hours per month.
What is the contribution margin ratio for futons?
A)48.57% 
B)305.88% 
C)167.31% 
D)32.69%

Quizplus · Accepted Answer

The Answer of Lie Around Furniture manufactures two products: Futons and Recliners. The following data are available:  The company can manufacture 3 futons per machine hour and 1 recliners per machine hour. The company's production capacity is 3600 machine hours per month.
What is the contribution margin ratio for futons?
A)48.57% 
B)305.88% 
C)167.31% 
D)32.69%

Lie Around Furniture Manufactures Two Products: Futons and Recliners