An automated turning machine is the current constraint at Jordison Corporation.Three products use this constrained resource. Data concerning those productsappear below:Selling price per unitVariable cost per unitMinutes on the constraintMultiple ChoiceRank the products in order of their current profitability from most profitable toleast profitable. In other words, rank the products in the order in which theyshould be emphasized. (Round your intermediate calculations to 2 decimalplaces.)LN, JQ, RQRQ, LN, JQRQ, JQ, LNJQ, RQ, LN< Prev3 of 9LN162.13$$ 139.331.50wwwwwwJQ$ 338.04$ 252.246.50Next >$$ chine is the current constraint at Jordison Corporation.constrained resource. Data concerning those products- unitunit▪nstraintLN$ 162.13$ 139.331.50er of their current profitability from most profitable towords, rank the products in the order in which theyRound your intermediate calculations to 2 decimal2 of 9JQ$338.04$252.246.50wwwwwwMNext >RQ$ 412.56$ 348.845.40

The contribution margin represents the excess of sales revenue over the variable costs. The products…

chine is the current constraint at Jordison Corporation. onstrained resource. Data concerning those products unit unit nstraint LN $ 162.13 $ 139.33 1.50 JQ $ 338.04 $ 252.24 6.50 r of their current profitability from most profitable to "ords, rank the products in the order in which they "ound your intermediate calculations to 2 decimal RQ $ 412.56 $ 348.84 5.40

chine is the current constraint at Jordison Corporation. onstrained resource. Data concerning those products unit unit nstraint LN $ 162.13 $ 139.33 1.50 JQ $ 338.04 $ 252.24 6.50 r of their current profitability from most profitable to "ords, rank the products in the order in which they "ound your intermediate calculations to 2 decimal RQ $ 412.56 $ 348.84 5.40

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Refer to the pictur ebelow: Find: 1. Total Cost of Product A under ABC System2. Total Cost of Product B under ABC System3. Selling Price per unit of Product B assuming profit margin of 20% above cost
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