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week 5 test - Selling price per unit variable material cost...

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The product and service mix is the combination of products/services sold by an organization, with each having different selling prices and costs associated with the product or service. Capacity utilization is relationship between actual output of a product or service with the current equipment in place, and the potential of that equipment to produce at maximum capacity. Production occurs with many variables:
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Unformatted text preview: Selling price per unit, variable material cost, variable labor cost, contribution per unit, machine hours to produce the product, estimated request for the product and the amount of time to produce the product. Capacity utilization is best deemed successful when the profitability of a product/service mix can be maximized by using the limited capacity to product as many products as can be sold....
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