Well if you want to know that you have to do this:
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Margin per chair = $80
Machine hours to produce 1 chair = 2 hours
Multiply: 80 x 2 = 160
Deluxe Chair: 160
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Margin per chair = $90
Machine hours to produce 1 chair = 4 hours
Multiply: 90 x 4 = 320
Executive Chair: 320
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Contribution Margin: $90 and $80
Add: 90 + 80 = 170
Contribution Margin: $170
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Machine Hours: 2 and 4
Add: 2 + 4 = 6
Machine Hours: 6 hours
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So, their is $170 contribution margin per 6 hours.
Hope this helps XD
Answer:
Nominal;nominal;real;the quantity theory.
Explanation:
Most economists believe that real economic variables and nominal economic variables behave independently of each other in the long run.
For example, an increase in the money supply, a nominal variable, will cause the price level, a nominal variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a real variable. The distinction between real variables and nominal variables is known as the quantity theory.
Answer:
No, the circles do not overlap
Explanation:
r = Radius of circle
A = Area = 3.14 square feet
Area of one circle
The radius of the each of the circles is 1 ft.
If the circles centers are 4 ft apart then the distance between the curves of the circle will be 2 ft apart.
So, the circles do not overlap each other. This is shown in the diagram.
Answer:
8.31 years
Explanation:
For this question, we have to calculate the number of years by applying the NPER formula which is attached in the attachment below:
Given that,
Present value = $800
Future value = $1,200
Rate of interest = 5%
PMT = $0
The formula is shown below:
= NPER(Rate,PMT,PV,-FV,type)
The present value come in negative
So, after solving this, the answer is 8.31 years
Answer:
The company should not further process the product as it results in income reduction by $1000.
Explanation:
According to the given data, company current profit for 1000 units is :
= (cost of sell) - (cost of manufacturing)
= $7000 - $5000
= $2000 (current profit)
While when company further process the product, the profit will be :
= (cost of sell) - (cost of manufacture)
= $10000 - ( $5000 + $4000)
= $10000 - $9000
= $1000
It clearly shows that further processing the product may result in reduction of profit by $1000.
Hence the company should not further process the product.
