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grigory [225]
3 years ago
15

Excel Memory Company can sell all units of computer memory X and Y that it can produce, but it has limited production capacity.

It can produce two units of X per hour or three units of Y per hour, and it has 4,450 production hours available. Contribution margin is $8 for poct X and $7 for product Y. 1. Calculate contribution margin per production hour. r 2. What is the most profitable sales mix for this Company?
a. Allocate 40% its production capacity to Product X
b. Allocate 24% its production capacity to Product Y
c. Allocate all of its production capacity to Product Y
d. Allocate all of its production capacity to Product X
Business
1 answer:
Snowcat [4.5K]3 years ago
6 0

Answer:

Option C is correct - allocate all of its production capacity to Product Y.

Explanation:

1. Contribution margin per production hour

         Product X Product Y

Contribution margin per unit    $8   $7

Units produced per hour     2   3

Contribution margin per production hour    $16($8*2)   $21($7*3)    

2. The most profitable sales mix for this company is to allocate all of its production capacity to Product Y.

Option C is correct.

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melomori [17]

Answer:

D.  When ITQs are​ used, no one has an incentive to cheat and exceed the quota.      

Explanation:

As ITQs (individual transferable quotas) were initially created by the government to regulate an above all, social affair, which is related to the share in the total allowable catch of fish (species).

Since some of the fishermen have lower and some have higher marginal costs of "producing" fish, they trade ITQ's between themselves, with those who have high marginal costs selling ITQs to those that have low marginal costs. Also, the marginal private cost now becomes determined by the initial marginal private cost of the fish, plus the <u>price of the ITQ</u>. Then, it becomes known as the marginal social cost.

The equilibrium for the ITQ price is the difference between the <em>marginal social benefit</em> and the marginal cost. With the base marginal private cost becoming the marginal social cost, no one has the incentive to exceed the quota, as that would make the marginal cost go higher than the price, and the marginal profit lower. This notion creates the equality between self-interest and social interest.

4 0
3 years ago
Income which accrue or arise outside india and also received outside india is taxable in case of.
Nadya [2.5K]

If income is accrued <u>or arises outside India and is not received in India</u>, it is not taxable in the case of Non-Resident.

<h3>Who is a resident and non resident?</h3>

A resident is a person who has resided in India in that year for 182 days or more. He is a natural person or an individual who is domiciled in a particular state.

A Non- Resident is a person who is not the resident of India for tax purposes. Section 2(30) defines non-resident as a person who is not a resident.

Basically, Income which accrue or arise outside india and also received outside india is taxable in case of Non-Resident.

Learn more about resident and non- resident here:-

brainly.com/question/14317583

#SPJ4

8 0
2 years ago
Jeremy is working on a spreadsheet which part of the information processing cycle will justify Jeremy’s use of the spreadsheet a
alukav5142 [94]
<span>Jeremy is working on a spreadsheet, the processing of the information processing cycle will justify Jeremy’s use of the spreadsheet and give the final output.  </span><span>Applying instructions to data takes place during the </span>PROCESSING  <span>stage of the information processing cycle.</span>
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3 years ago
g Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.
worty [1.4K]

Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.

Barter is best defined as a situation where two individuals each want some or service that the other can provide.

A double coincidence of wants is a situation where two individuals each want some or service that the other can provide.

<h3>What is money?</h3>

Money is anything that is  accepted by the general public as a means of payment for products and for repayment of debt.

<h3>What are the functions of money?</h3>
  • Medium of exchange : money can exchanged for goods and services.
  • Unit of account : money can be used to determine the value of goods and services
  • Store of value : money can retain its value over the long term.

<h3>What is barter?</h3>

Barter is when people exchange goods with goods. For barter to occur, there has to be a double coincidence of wants. This means that someone has to have what you want and that person wants what you have.

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7 0
2 years ago
Martin is comparing the characteristics of his company's water filters with those that are already being marketed in the local m
sweet [91]

Answer:

A) relative advantage

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A product's relative advantage over its competitors means the aspects at which one good or service is perceived as better or superior to other competing products. This concept is similar to comparative advantage, but from the consumer point of view. Consumers will value one product more because of its relative advantages over its competitors.

4 0
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