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strojnjashka [21]
3 years ago
5

Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can

produce 8 standard units per hour or 5 premier units per hour, and it has 33,000 production hours available. Contribution margin per unit is $22 for the standard product and $30 for the premier product. What is the most profitable sales mix for Logan Company
Business
1 answer:
Bezzdna [24]3 years ago
5 0

Answer:

Standard production is more profitable.

Most profitable sales mix = 264,000 standard units (and 0 premier unit)

Explanation:

As per the data given in the question,

For standard product :

Contribution margin for every hour = 8 × $22

= $176

For premier product :

Contribution margin for every hour = 5 × $30

= $150

As, contribution margin of standard product is greater than premier product, Therefore, Logan company should employ all the production hours to produce only standard product to get the maximum profit.

Therefore, Most profitable sales mix = 33,000 hours × 8 unit per hour

= 264,000 standard units (and 0 premier unit)

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Answer:

3 percent

Explanation:

A real interest rate is an interest rate which doesn't have impact of inflation and depicts the real cost of funds to the borrower and the real yield to the lender or an investor.

Inflation = (126-120)/120 = 5%

Real Interest Rate = Nominal Interest Rate - Inflation

                               = 8% - 5%= 3%

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Why do some people have a problem with their credit cards?
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Case Problem Analysis: Jurisdiction
Natali5045456 [20]

There are different kinds of cases. The answers to the questions are blow.

  • Before any court can hear any dispute between Miriam and the trucking company, it must have the jurisdiction to do so.

  • In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the <u>Defendant</u>.

  • Georgia and Florida have personal jurisdiction over the trucking firm?

Yes, Marya sue the trucking firm in Georgia and Florida state courts.

Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;

  • Get a lawyer in  Georgia
  • Make multiple trips to Georgia
  • Have witnesses travel to Georgia.

Miriam would likely want to sue the trucking firm in Florida because:

1. The court is closer to her home

2.  She can better research for local lawyers

  • Miriam can sue the trucking firm in a federal trial court because residents of different states.

  • over $75000

<h3>What takes place in a court case?</h3>

In a  trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.

After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.

Learn more about jurisdiction from

brainly.com/question/681072

6 0
2 years ago
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If real GDP increased from $10 billion to $11 billion from the first quarter of 2016 to the first quarter of 2017, but had incre
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Answer:

10%; 16%

Explanation:

Given that,

Real GDP in the first quarter of 2016 = $10 billion

Real GDP in the first quarter of 2017 = $11 billion

Increased from the fourth quarter of 2016 to the first quarter of 2017 = 4%

Growth rate from the first quarter of 2016 to first quarter of 2017:

= \frac{GDP_{2017}-GDP_{2016}  }{GDP_{2016}}\times 100

= \frac{11-10  }{10}}\times 100

= 10%

Real GDP growth rate is as follows:

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= 16%

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Vikentia [17]

Answer:

Negative reinforcement

Explanation:

Negative reinforcement is a behavioral psychology principle that occur when one's action allows  him / her to escape an unfavorable action before it occurs.

It is mentioned in the scenario that Sheppad  is being bullied and criticized  by Alexandra  , being the boss's sister .

Susan's idea of completing all work including the extras is a behavior intentionally put up to escape the constant unpleasant stimuli from Sheppad.

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