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Vilka [71]
3 years ago
5

Clay Corporation manufactures two styles of lampslong dasha Bedford Lamp and a Lowell Lamp. The following per unit data are​ ava

ilable: Bedford Lamp Lowell Lamp Sales price $ 26 $ 38 Variable costs $ 16 $ 23 Machine hours required for one lamp 1 4 Total fixed costs are $ 32 comma 000​, and Clay can sell a maximum of 10 comma 000 units of each style of lamp annually. Machine hour capacity is 25 comma 000 hours per year. What is the contribution margin per machine hour for the Bedford​ Lamp? (Round your answer to the nearest​ cent.)
Business
1 answer:
mote1985 [20]3 years ago
4 0

Answer:

$ 10

Explanation:

Given:

For Bedford lamp

Sales price = $ 26

Variable cost = $ 16

Machine hours required per unit = 1

Now,

the contribution margin per unit = Sales price - Variable cost

= $ 26 - $ 16

= $ 10

therefore,

the contribution margin per machine hour is calculated as:

= contribution margin / machine hours

or

= $ 10 / 1

or

= $ 10

hence,

the contribution margin per machine hour for the bedford lamp is $ 10

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Mary's a marketing manager for a nationwide restaurant chain. She's considering which channel she should use to advertise her re
Vilka [71]

Answer:

Television

Explanation:

By doing the promotion in a television could be beneficial for the company as most of the audience are habitual to see the television and ofcourse many of them could aware of the company product by seeing the attractive schemes that ultimately benefit to the company and the customers

So in order to upgrade the menu, Mary used traditional channels and to reach to a broad audience, the television is one of the most traditional channel used

8 0
3 years ago
On April 31, 2018, Elkhorn Associates borrowed $10 million cash from Colonial Bank and issued a 5-month, noninterest-bearing not
Nady [450]

Answer:

b. Less than the effective interest rate

Explanation:

The stated discount rate on this loan is Less than the effective interest rate

As the note is noninterest-bearing note, the stated discount rate on this loan is less than the effective interest rate.

4 0
3 years ago
Michael receives a monthly salary of $2500 plus a commission of 2% of total orders written. If his orders for the month were $34
Bumek [7]

Answer:

$3,180

Explanation:

Monthly salary would be the base salary = $2500

Since he would earn 2% of all orders, calculate the dollar value of the commission when total orders amount to $34000;

Commission = 2% *34000 = $680

His total pay would be calculated by adding the base salary to the commission amount;

Total pay = base salary + commission

Total pay = $2500 + $680

Total pay = $3,180

7 0
3 years ago
According to the aggregate production function, gdp increases when a nation?
Gala2k [10]

According to the aggregate production function, GDP increases when a nation,

  • improves its technology, A
  • increases its stock of physical capital, K
  • increases the human capital of its workers, H

<h3>What is aggregate production function?</h3>

An aggregate production function holds constant all other production factors, like as capital, natural resources, and technology, and connects the entire output of an economy to the total amount of labour engaged in that economy. Land, labour, capital, and entrepreneurial activity are the elements that make up aggregate production function.

A method for determining productivity and economic growth is the aggregate production function. Therefore, economists use it to gauge the efficacy of the final product and the quality of the inputs. The maximum output that can be produced given the quantity of the production elements is represented by the aggregate production function. Keep in mind that the following uses lower case letters for plant level variables and capital letters for aggregate variables.

Hence, According to the aggregate production function, GDP increases when a nation,

  • improves its technology, A
  • increases its stock of physical capital, K
  • increases the human capital of its workers, H

To learn more about aggregate production function refer to:

brainly.com/question/15875528

#SPJ4

3 0
2 years ago
Discuss what skill or characteristic is most important in a project manager to ensure project success? defend your choice and be
Kamila [148]
 Call it honesty, integrity or loyalty. The project manager needs to have them all.  His/her actions set an example for the rest of the team members. He/she is ultimately responsible for setting ethical standards for the rest of the team. The project manager should practice what they preach and in turn earn trust.
3 0
3 years ago
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