Mega Screens, Inc., reports net sales of $3,000,000, cost of goods sold of $1,800,000, and income tax expense of $146,000 for the year ended December 31, 2021. Selected balance sheet accounts are as follows: MEGA SCREENS, INC. Selected Balance Sheet Data December 31 2021 2020 Increase (I) or Decrease (D) Cash $ 148,000 $ 191,000 $ 43,000 (D) Accounts receivable 281,000 228,000 53,000 (I) Inventory 123,000 161,000 38,000 (D) Accounts payable 118,000 133,000 15,000 (D) Income tax payable 23,000 15,600 7,400 (I) Required: Calculate cash received from customers, cash paid to suppliers, and cash paid for income taxes.

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z