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dmitriy555 [2]
3 years ago
9

Sam can only hire two full-time employees, but he needs even more help to make the two products he sells. Product Alpha has a co

ntribution margin of $750 per unit of limited resource and Product Beta has a contribution margin of $975 per unit of limited resource. He thinks he will be able to afford hiring an extra employee to work 150 hours per month, but he is unsure which product to have the employee work on. Which product would result in the highest contribution margin
Business
1 answer:
blagie [28]3 years ago
8 0

Answer:

Which product would result in the highest contribution margin - Product Beta

Explanation:

Here is a situation where production is limited by a particular resource - Labor Hours.

To determine which product to manufacture, Sam has to rank the Contribution per unit of the limiting factor - labor of Product Alpha and Product Beta

Contribution per limiting factor are already calculated as:

Product Alpha -  $750 per unit of limited resource

Product Beta - $975 per unit of limited resource

The Product with Highest Contribution per limiting factor results in highest contribution margin and must be worked on first

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Grandma and Grandpa Generous had many children, but they have only one grandchild,Harold. Grandma and Grandpa would like to give
Leni [432]

Answer:

Gift Tax GSTT

Explanation:

In such a scenario, Grandma and Grandpa Generoushave a current liability to the Gift Tax GSTT. This tax rate applies to Grandma and Grandpa Generous because the gift exceeds the limit per individual for gifting and because they have exhausted their lifetime gift-tax exemption. Meaning that they have to pay taxes on this gift of $5.43 million which according to the GSTT guidelines is a fixed rate of 40% of the gift that was given.

8 0
3 years ago
Given
Usimov [2.4K]

Total interest=$489.58

Balance after 100th day=$5,819.44

Balance after 180th day=$2,448.77

Final payment=$2,489.58

Compute the total interest, the balances on the 100th and 180th days as well as the final payment of the loan?

In the first place, ordinary interest means simple interest, in other words, the simple interest approach would be used in computing the interest due at every point in time.

Interest=loan balance*interest rate*number of days that interest is due/360 days

Interest on 100th day=$11,500*10%*100/360

Interest on 100th day=$319.444444

balance after 100th day=initial principal+ interest-partial payment

balance after 100th day=$11,500+$319.444444 -$6,000

balance after 100th day=$5,819.444444

Note it has been 80 days since the payment of the last interest on 100th

interest on 180th day=$5819.444444 *10%*80/360

interest on 180th day=$129.320988

balance of the loan on the 180th day=$5,819.444444+$129.320988-$3,500

balance of the loan on the 180th day=$2,448.765432

The final payment would be the balance as of the 180th day plus the interest for the last 60 days(180th-240th)

final interest=$2,448.765432*10%*60/360

final interest =$40.812757

Final payment=$2,448.765432+$40.812757

Final payment=$2,489.58

Total interest=$319.444444+$129.320988+$40.812757

Total interest=$489.58

Find a further guide in the link below:

brainly.com/question/10710550

#SPJ1

7 0
2 years ago
Sam Malloy owns a small business and has built a substantial estate both with his business success and his early career as a pro
zvonat [6]

Answer: Establish a revocable living trust.

Explanation:

A revocable living trust is a written document that details how an individual assets would be handled after they die. They are used to avoid probate and protect privacy of the trust owner, beneficiary of trust and reduce estate taxes. Assets placed in the beneficiary name are transfered from the owners account or details to theirs.

4 0
2 years ago
Should all small businesses have websites and utilize social media​
SIZIF [17.4K]

Answer:

Yes

Explanation:

You need to inform people of your business and what they do!

8 0
3 years ago
Read 2 more answers
CAN SOMEONE PLEASE ACTUALLY HELP AND NOT USE THIS JUST FOR POINTS. I REALLY NEED THE HELP.
aliina [53]
The business description is basically describing what the business is for like what is the purpose of the business or what the business is doing.

Marketing strategies is basically the methods used by a business to promote their products such as public relations advertisement etc.

The marketing plan is basically a strategy that is set by the business to attract customers.

Operations and management plan is basically listing the organizational structure in the business and the activity those individuals will carry out.

The financial plan of a business is basically a financial strategy to determine how much money/monetary capital is required for the daily operations of the business.
7 0
2 years ago
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