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ICE Princess25 [194]
3 years ago
6

At the present time, demand for each of the company's products far exceeds its capacity to produce them. Thus, management is try

ing to determine which of its games to concentrate on next week in filling its backlog of orders. Gunst's direct labor rate is $12 per hour, and only 1,000 hours of direct labor are available each week. Determine the maximum total contribution margin the company can make by its best use of the 1,000 available hours
Business
1 answer:
Brums [2.3K]3 years ago
4 0

Answer:

Explanation:

                                                       Android Bio-Mutant Cyclops

Direct labor per unit                                       48         24             60

Divide by Direct labor rate                       12         12             12

Direct labor hours per unit                        4           2               5

                                                               Android  Bio-Mutant  Cyclops

Selling price                                            100         77              125

Less: Variable costs    

Direct labor                                              48          24                60

Direct materials                                       9           8                16

Variable overhead                                        7           4                  9

Total Variable costs                                       64           36                 85

Unit Contribution margin                               36           41                 40

Divide by Direct labor hours per unit         4            2                  5

Contribution margin per labor hour               9.00          20.50        8.00

<em>As shown in the above estimates, producing Bio-mutant is much more lucrative</em>

<em>Total contribution margin 20500 =1000 * 20.5</em>

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"Only one firm produces and sells soccer balls in the country of Wiknam, and as the story begins, international trade in soccer
sweet-ann [11.9K]

Answer:

Explanation:

a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4

price P=15-Q=10-4=6

profit=6*3-TC=18-(3+4+0.5*4^2)=3

b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.

c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.

d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.

7 0
3 years ago
Scrooge, Inc. prepares adjusting entries only at the end of its fiscal year, August 31. Scrooge has the following unadjusted acc
o-na [289]

Answer:

$6,100

Explanation:

The computation of the net income is shown below:

= Service revenue in trial balance + ( unearned revenue × given percentage) - (rent expense in trial balance) + ( Prepaid rent × 2 months ÷ 12 months) - (wages expense in trial balance + adjusted trial balance)

= $5,000 + ($4,000 × 80%) - ($800 + $3,600 × 2 months ÷ 12 months - ($600 + $100)

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4 0
3 years ago
Megan is a salesperson for an industrial chemical manufacturer. While reviewing her new leads, Megan learned that two of the lea
kati45 [8]

Answer:

B) they do not have a need for the products or services her company is offering

Explanation:

The reason why Megan will not consider the two prospects qualii leads is if they do not need her companie's products.

For these other options, they have the need but need further follow-up

a. They do not have the budget or financial resources to purchase the product.

c. They are too busy to meet with salespeople.

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A requirements contract is too vague to be a legally-enforceable agreement. Group of answer choices True False
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FALSE

i hope this helps you :)
6 0
2 years ago
UESTION 7 You hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. The portfolio beta is equal to
PSYCHO15rus [73]

Answer:

New Beta = 1,17

Explanation:

Portfolio   #   Beta   NEW Beta  

$ 5.000          1  1,00   2,00  

$ 5.000         2  1,12   1,12  

$ 5.000         3  1,12   1,12  

$ 5.000         4  1,12   1,12  

$ 5.000         5  1,12   1,12  

$ 5.000         6  1,12   1,12  

$ 5.000         7  1,12   1,12  

$ 5.000         8  1,12   1,12  

$ 5.000         9  1,12   1,12  

$ 5.000        10  1,12   1,12  

$ 5.000        11  1,12   1,12  

$ 5.000        12  1,12   1,12  

$ 5.000        13  1,12   1,12  

$ 5.000        14  1,12   1,12  

$ 5.000        15  1,12   1,12  

$ 5.000        16  1,12   1,12  

$ 5.000        17  1,12   1,12  

$ 5.000        18  1,12   1,12  

$ 5.000        19  1,12   1,12  

$ 5.000        20  1,24   1,24  

$ 100.000           1,12   1,17  

5 0
3 years ago
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