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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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Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is a psychological notion when an individual experiences thoughts and emotions that are not consistent (no matter the environment). In this example, it was expected from Fatima to quit her job (since she hated the manager). In spite of that, she continued to work. That caused the cognitive dissonance in her behavior, as she changed her attitude.

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4 years ago
If kmart states that it is going to spend $100 million in advertising in the upcoming year to help increase its market share, it
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3 years ago
When you transition, a brief re-cap of the information that has just been heard is known as:
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Answer:

When you transition, a brief recap of the information that has just been heard is known as an internal review.

Explanation:

Internal review is the recap of information that has just been heard in  transition.

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4 years ago
A hospital uses a paper-based system. its kitchen staff prepares meals for everyone who is a patient in the hospital as of midni
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8 0
3 years ago
On the day you entered college, you borrowed $30,000 from your local bank. The terms of the loan include an interest rate of 4.7
Hitman42 [59]

Answer:

The total interest paid on this student loan will be equal to:

$

Explanation:

a) Data and Calculations:

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Total interest = $30,000 * 4.75% * 5 = $7,125

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