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
Jobisdone [24]
3 years ago
11

Selling price $

Business
1 answer:
Kipish [7]3 years ago
5 0

Answer:

<h2><u>Requirement 1: </u></h2><h3><u>Calculate the contribution margin per pound of the constraining resource for each product.</u></h3>

Contribution margin per Pound of Raw material:

Product A: $4.00

Product B: $2.50

Product C: $7.40

<h2><u>Requirement 2:</u></h2><h3><u>Which orders would you advise the company to accept first, those for A, B, or C?</u></h3>

Product ranking:

Product C: (I)

Product A: (II)

Product B: (III)

<h2><u>Requirement 3:</u></h2><h3><u>What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,400 pounds of materials?</u></h3>

Maximum contribution = $29,250

Explanation:

Workings are attached in the tabular form.

Note: The product with highest contribution margin per pound of raw material should be made first .

You might be interested in
Suppose the Federal Reserve announces that it will be making a change to a key interest rate to increase the money supply. This
lubasha [3.4K]

Answer:

Correct option is B

The Federal Reserve is worried about unemployment

Explanation:

We know from phillips curve, there is a backwards connection between swelling rate and joblessness rate. Hence joblessness rate can be diminished by expanding expansion which should be possible by expanding cash supply.  

Or then again an expansion in cash supply will diminish loan fee prompting increment in venture and subsequently increasingly capital development, because of which more work is required and therefore joblessness diminishes.

4 0
3 years ago
Alpha Co. is paying a $.64 per share dividend today. There are 158,000 shares outstanding with a par value of $1 per share. As a
muminat

Answer:

Dividend paid = $0.64 x 158,000 = $101,120. The dividend paid reduces retained earnings by $101,120.

The correct answer is C

Explanation:

Dividend is paid out of profit after tax. This reduces the retained earnings of the company since dividend involves outflow of cash.

3 0
3 years ago
In 1920, it was reported that there were 60 billion barrels of oil in the world oil reserves and we were using 6 billion barrels
Ipatiy [6.2K]

Answer:

Discovery of new oil reservoirs and technological developments on oil extraction.

Explanation:

The world has not run out of oil by two reasons. First, the discovery of new oil reservoirs and, second, the development of new technologies that increased extraction efficiency in a feasible way.

5 0
3 years ago
Managers who are responsible for just one organizational activity are known as ______ managers.a. specialist b. first-line c. si
omeli [17]

Answer:

d. functional

Explanation:

A functional manager can be described as a managers whose responsibility is to manage an organizational unit such as a department within an organization.

A manager can be given the responsibility to manager a specific department such as marketing, engineering, IT,  or public relations.

The primary role of a functional manager is to be in charge and manage  resources in his department, and to also to direct the technical work of people working on a project under his functional area.

Therefore, managers who are responsible for just one organizational activity are known as <u>functional managers</u>. The correct option is d. functional.

5 0
3 years ago
The following information is available regarding the total manufacturing overhead of Molsen Company for a recent four-month peri
Sonja [21]

Answer:

$198,000

Explanation:

Calculation to determine what the total manufacturing overhead estimated for August is

First step is to calculate the Variable element

Variable element=($198,000 - $153,000)/(110,000 - 80,000)

Variable element=$45,000/30,000

Variable element= $1.50

Second step is to calculate the Fixed element

Fixed element=$198,000 - ($1.50 x 110,000)

Fixed element=$198,000-$165,000

Fixed element = $33,000

Now let compute total manufacturing overhead

Total manufacturing overhead=$33,000 + ($1.50 x 110,000)

Total manufacturing overhead=$33,000+$165,000

Total manufacturing overhead= $198,000

Therefore Using the high-low method, compute total manufacturing overhead estimated for August is $198,000

6 0
3 years ago
Other questions:
  • What are the likely reason(s) that the market for dress shirts is not perfectly competitive? please select all that apply?
    10·2 answers
  • Fanning Company makes a product that sells for $30 per unit. The company pays $16 per unit for the variable costs of the product
    12·1 answer
  • When planning a budget, the biggest consideration should be the
    15·1 answer
  • Anderson sold a property to Kelly. The contract contained the following statement: "Buyer to accept the property in an 'as is' c
    9·1 answer
  • How might the consumer protection laws of a country affect global business activities
    14·1 answer
  • You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends.
    7·1 answer
  • Hanover, inc. purchased land through the issuance of long-term bonds. how is this reported on the statement of cash flows?
    13·1 answer
  • . Suppose, the world’s average (mean) GDP per capita is $9,133 in 2014. If there are roughly 6 billion people in the world, then
    7·1 answer
  • The​ "Truth in Savings​ Law" requires banks to advertise their rates on investments such as CDs and savings accounts as annual p
    7·1 answer
  • Identify the type of costs that would be considered incremental cost for a decision to close stores. (You may select more than o
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!