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Mamont248 [21]
3 years ago
9

You are a rookie on traffic patrol. You watch as a young black man drives past you in a new silver Porsche. You estimate the car

’s value at around $50,000, yet the neigh- borhood you are patrolling in is characterized by low-income housing, cheap apart- ments, and tiny houses on the lowest end of the housing spectrum. You follow him and observe that he forgets to signal when he changes lanes. Ordinarily you wouldn’t waste your time on something so minor.
Business
1 answer:
dezoksy [38]3 years ago
5 0

Answer:

Please see attachment.

Explanation:

Please see attachment.

Download pdf
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Grover Corp. manufactures three products, and is currently facing a labor shortage. The selling price, costs, and labor requirem
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Answer:

A, C, B

Explanation:

Calculation to determine In what order should Grover Corp. prioritize production of its products to maximize profit during the labor shortage

Product A Product B Product C

Selling price $ 44.00 $ 18.00 $ 28.50

Less Variable cost per unit

$ 28.00 $ 15.00 $ 27.00

=Contribution margin per unit

$16.00 $3.00 $1.50

÷Direct labor hours per unit 2.00 1.50 .50

=Contribution margin per labor hour

$8.00 $2.00 $3.00

PRODUCT A=$16.00÷2.00

PRODUCT A=$8.00

PRODUCT B=$3.00÷1.50

PRODUCT B=$2.00

PRODUCT C=$1.50÷.50

PRODUCT C=$3.00

RANKING:

PRODUCT A=$8.00

PRODUCT C=$3.00

PRODUCT B=$2.00

Therefore based on the above calculation the order that Grover Corp.should prioritize production of its products to maximize profit during the labor shortage will be from the highest Contribution margin per labor hour to the lowest which are A,C,B

5 0
2 years ago
Read 2 more answers
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