1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Although many factors affect the value of real property, what is the primary driver in determining the value of real property?
garri49 [273]

Answer:

Supply and Demand

Explanation:

Although there are many factors which are given below:

1. Location of the real property

2. Supply and demand

3. The rate of interest

4. Population size

5. Market trends of property, etc

But the primary driver is supply and demand because if the demand of the property rise than the supply, the price of real property is rising whereas if the supply of the property is rise than the demand, the price of real property is declining

5 0
2 years ago
Which of the following is​ true? A. Both microeconomics and macroeconomics deal with same economic issues of​ inflation, unemplo
Sergio039 [100]

Answer:

the correct answer is D. Macroeconomics is the study of the economy as a​ whole, while microeconomics deals with the individual​ decision-making units.

Explanation:

Macro economics emerged as a seperate disclipline in the late 1930's witht eh influence of the prominent british economist John Meynard Keynes. it looks at the economy as a whole and tries to solve major economic issues affecting the national economy such as the unemployment, inflation, GDP and current rate changes.

Micro economics on the contrary, looks at how the individuals and firms behave in an economy and tries to explain their decisions and how they react.

3 0
2 years ago
What is credit risk management?​
Thepotemich [5.8K]

Answer:

Credit Risk Manager. Also referred to as: Manager - Credit Risk Management. Requirements and Responsibilities. Develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization.

7 0
3 years ago
Renaldo Cross Company views share buybacks as treasury stock. Renaldo repurchased shares and then later sold the shares at more
allsm [11]

Answer: a) Option A

Explanation:

There will be no effect on retained earnings because retained earnings do not increase as a result of shares being sold. It increases when net income increases.

Total paid-in capital increases when stock is sold for higher than its par value or when treasury stock is sold for higher than its acquisition price. The treasury stock here was sold for higher than it was bought so this would increase the total paid in capital.

5 0
3 years ago
Purchasing cruelty free products can have a positive impact on
MakcuM [25]
The beauty industry and it’s healthier. Also it protects a lot of animals from getting the product tested on them
8 0
2 years ago
Other questions:
  • Dana is watching television when a commercial for a brand of bathroom cleaner comes on. She is not very interested in the produc
    12·1 answer
  • Finish this sentence... I believe car loans are
    5·1 answer
  • Beginning inventory, purchases, and sales data for dvd players are as follows: november 1 inventory 120 units at $39 10 sale 90
    9·2 answers
  • Mary knits sweaters for sale. Her fixed costs are $100. When she makes 10 sweaters in one month, Mary must spend $15 on wool. To
    12·1 answer
  • If you have an idea that no one has thought of, the trouble isA. it may be ahead of its time.B. you don't know if anyone will wa
    6·1 answer
  • Kela Corporation reports net income of $470,000 that includes depreciation expense of $83,000. Also, cash of $44,000 was borrowe
    14·1 answer
  • Suppose a stock had an initial price of $75 per share, paid a dividend of $1.55 per share during the year, and had an ending sha
    9·1 answer
  • Which of these is a criterion used to select a target market segment?
    5·1 answer
  • Jason paints 1/4 of the area of his living room walls, w, on Monday. On Tuesday, he paints twice as much as he painted on Monday
    11·2 answers
  • A full account of an event or series of events, usually told in chronological order, is called a:_______
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!