Mr. smith comes into your office and wants to open a margin account for his son who is 7 years old. as mr. smith's rr you must advise him that (a) you can open the account without restriction provided the son has a social security number (b) you cannot open the account because margin accounts are never allowed for minors (c) you can open the account as a custodian margin account and invest only as a prudent investor would invest (d) you cannot open the account because mr. smith would not be allowed to be the custodian

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