1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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)

You might be interested in
Parents of young children have been known to drive out of their way so their kids will not see McDonald's Golden Arches and plea
Pavel [41]

E

know what the Golden Arches brand symbol means.

7 0
4 years ago
Read 2 more answers
During which stage of team development is there a high dependence on the leader for guidance and direction as there will be litt
Daniel [21]

During Forming stage of team development is there a high dependence on the leader for guidance and direction as there will be little agreement on team goals.

Because the forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. High dependence on the leader for guidance and direction. Little agreement on team objectives other than those received from the leader. Individual roles and responsibilities are unclear.

Orientation is the act or process of orienting or the state of being oriented.

Leadership is the art of motivating a group of people to act toward achieving a common goal.

Responsibilities are the quality or state of being responsible.

To know more about the Orientation here

brainly.com/question/12049504

#SPJ4

6 0
1 year ago
11
sukhopar [10]
B. extracurricular activities!
6 0
3 years ago
Match each of the global business practices with an example of its use.
Mrrafil [7]

Answer:

The answer is

A. A U.S. auto organization starts making certain auto parts in Bangladesh.  

B. A U.S. auto organization contracts a South Korean organization to make its tires.  

C.  A Japanese auto organization opens a processing plant in the United States.  

Explanation:

South Korea is popular for its economy blasting, with Samsung, LG, Hyundai, and Olympic amusements in 1988. In 2000's, with the exception of the colossal brands, South Korea is likewise renowned for her media outlet . Manga style is a miracle.North Korea, formally the Democratic People's Republic of Korea, keeps on being a Touche communist state under the lead of the Workers Party of Korea. In South Korea, socialism stays unlawful through the National Security Law.

3 0
3 years ago
Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents.
hjlf

Answer:

<u>1. Johann is looking to double the profits of his lemonade stand</u>

Explanation:

Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.

<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.

7 0
3 years ago
Other questions:
  • An automatic stabilizer: A. extracts money from the economy during recessions. B. is exemplified by a program such as unemployme
    5·1 answer
  • Most economic models: A. are useless because they use too many simplifying assumptions. B. assume that people are reluctant to l
    15·1 answer
  • The price (P) of designer jeans is affected by the supply (S) and the demand (D).
    11·1 answer
  • According to the AAPC Code of Ethics, which term is NOT listed as an ethical principle of professional conduct?
    9·1 answer
  • A new building is to be constructed for a company and a fast connection between client and server systems within the building sh
    13·1 answer
  • During May, Keenan Company accumulated 570 hours of direct labor costs on Job 200 and 610 hours on Job 305. The total direct lab
    6·1 answer
  • Which amendment to the constitution legalized income tax?
    14·1 answer
  • The table shows Robinson Crusoe's production possibilities.
    15·1 answer
  • When changes occur because of stock receipts and disbursements, scrap losses, wrong parts and canceled orders, the real-time fil
    11·1 answer
  • The _________________ budget constraint shows the tradeoff between present and future consumption.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!