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meghan.binge meghan.binge
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A year ago

Danny Dolittle makes crafts in his spare time and always sells everything he makes at local craft shows. Danny specializes in four products. Because Danny's time is limited before the next craft show, he is trying to decide how to use his time to the best advantage. Information related to the four products that Danny produces are shown below:

Rag DollsPot HoldersBread BasketsFinger Puppets
Contribution margin per unit$ 8$ 2$ 12$ 6
Contribution margin ratio40%25%32%30%
Time required per unit (in hours)1.40.53.52.0

Rank the products from the most profitable to the least profitable use of the constrained resource.



▸ Rag Dolls, Pot Holders, Bread Baskets, Finger Puppets

▸ Rag Dolls, Bread Baskets, Finger Puppets, Pot Holders

▸

Pot Holders, Rag Dolls, Finger Puppets, Bread Baskets



▸ Bread Baskets, Rag Dolls, Finger Puppets, Pot Holders
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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anitasaganitasag
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A year ago
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