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Slav-nsk [51]
3 years ago
11

ampara Corporation manufactures two styles of lamps long dash Bedford Lamp and Lowell Lamp. The following per unit data are​ ava

ilable: Bedford Lamp Lowell Lamp Sales price $ 28 $ 38 Variable costs $ 18 $ 22 Machine hours required for one lamp 1 4 Total fixed costs are $ 30 comma 000​, and Lampara can sell a maximum of 12 comma 000 units of each style of lamp annually. Machine hour capacity is 25 comma 000 hours per year. What is the contribution margin per machine hour for the Lowell​ Lamp
Business
1 answer:
zhenek [66]3 years ago
8 0

Answer:

The $ 4 per machine hour is the contribution margin per machine hour for the Lowell​ Lamp.

Explanation:

Since in the question two lamps : Bed-ford lamp and Lowell lamp information is given .

Based on the information mentioned in the question, First we have to calculate the contribution margin per unit. Than we are able to calculate contribution margin per hour.

The computation for Lowell Lamp is given below

The contribution margin per unit = Sales per unit - variable cost per unit

                                                      = $38 - $22

                                                      = $16 per unit

Since, contribution margin per unit is  $16 per unit. So, now we calculate contribution margin per machine hour  which is equals to

Contribution margin ÷ machine hours for Lowell lamp

$16 per unit ÷ 4

= $ 4 per machine hour

Thus, the $ 4 per machine hour is the contribution margin per machine hour for the Lowell​ Lamp.

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snow_tiger [21]

Answer: Please refer to Explanation.

Explanation:

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= $6 million.

A will have $6 million and B will have $2 million as $3 million was captured from them. This scenario holds true if B is the one that advertises and A does not.

If both of them Advertise, they both reduce their gains by $2 million while capturing $3 million from each other so they'll essentially both have just $3 million if they both decide to advertise.

With the above scenarios, it is better for both companies to ADVERTISE if there is NO COLLUSION. This is because it ensures that they do not get the lowest payoff of $2 million if the other company decides to advertise and they do not.

However, if they DO COLLUDE. They must both decide that NONE of them SHOULD ADVERTISE and this would leave them with their original $5 million each which is a higher payoff than the $3 million they will both receive if they were both advertising.

3 0
3 years ago
Which of these is not a cost of quality?
ollegr [7]

The correct option is (c). Design cost  is not a cost of quality.

Design-to-Cost (DTC), one of several cost management strategies, denotes a methodical strategy for limiting the expenses associated with product development and manufacture. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.

As a component of cost management strategies, design-to-cost refers to a methodical strategy for reducing the costs associated with product development and manufacturing. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.

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8 0
2 years ago
A(n) __________, used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and ve
allsm [11]

A CBA , used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and verified prior to the development of the project plan.

A project plan is a collection of official documents outlining the project's execution and control phases. In addition to addressing scope, cost, and schedule baselines, the plan takes risk management, resource management, and communications into account.

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4 0
2 years ago
"Many service companies collect data via a follow-up survey of their customers. Suppose, in order to ascertain customer sentimen
Sergeu [11.5K]

Answer: Categorical; Ordinal

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The data that are collected by the airline in this case is referred to as categorical.

The categorical variables are simply referred to as categorical variables because they can be segregated into groups. Also, the measurement of scale that is used is the ordinal scale.

Ordinal data is a kind of categorical data with a set order or scale to it.

Comment

5 0
3 years ago
Each month’s ending inventory of finished units should be 60% of the next month’s sales. The April 30 finished goods inventory i
xeze [42]

Answer:

230

Explanation:

Calculation for Champ’s budgeted production (in units) for May

CHAMP INC.

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(60%*230)

Sales units required to produce in May 92

(230-128)

Sales during June 230

Add: Closing stock of May 138

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Budgeted production (in units) for May: 230 (138+92)

Therefore Champ’s budgeted production (in units) for May will be 230

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2 years ago
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