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

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
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:
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

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....
View Full Document

This note was uploaded on 11/13/2010 for the course IT 6410 taught by Professor Bebble during the Spring '10 term at Walden University.

Ask a homework question - tutors are online