Budgeting Problem - a company manufacturing 2 products. Comparison of direct material and direct labor at different sales prices and resulting profits. Complete explanation with MS Word docs including graphs and MS Excel spreadsheet.
Herrestad Company sells two products and the details below will be used. Background information Total Prod A Prod B Beginning inventory 0 Units produced 10,000 2,500 7,500 Units sold 8,000 2,000 6,000 Selling price per unit $250 460 180 Variable costs per unit Direct ma