Knowledge Check 01 Product A Product B Selling price per unit$20 $15 Variable cost per unit 12 9 Contribution margin per unit$8 $6 Labor time4 minutes 2 Minutes Roberto, Inc. manufactures products A and B. Both products have a contribution margin ratio of 40%. Assume that labor time is the constrained resource and only a total of 3,000 minutes is available. Product A has a total demand of 500 units and product B has a total demand for 600 units. Considering the constraint, how many units of product B should be produced to maximize profits
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Knowledge Check 01 Product A Product B Selling price per unit$20 $15 Variable cost per unit 12 9 Contribution margin per unit$8 $6 Labor ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What document provided by the seller describes the condition of the property
Answers (1)
Sales discounts: A) Refer to merchandise that customers return to the seller after the sale. B) Refer to reductions in the selling price of merchandise sold to customers. C) Represent cash discounts. D) Represent trade discounts.
Answers (1)
Which of the following is the smallest? O A. A pinhead OB. Arounded bacterium O c. A microscope OD. A rod-shaped bacterium
Answers (1)
In property management, what's the legal and binding contract that spells out the duties for both the property manager and property owner?
Answers (1)
For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $3,250,000.
Answers (1)
New Questions in Business
Is accounts receivable a material component of the company's total current assets?
Answers (1)
Packaging that provides convenience, product quality, protection, or easy storage offers what kind of benefits to customers?
Answers (1)
Raphael observes that at the current level of interest rates there is an excess supply of bonds, and therefore he anticipates an increase in the price of bonds. Is Raphael correct? (A). Raphael is correct.
Answers (1)
Maria goes to a concert after her mother asked her not to go. The ticket price was $100, and Maria's mom found out and now doesn't trust her. What is the opportunity cost of Maria's choice to go to the concert?
Answers (1)
On January 1, 2021, Poplar Fabricators Corporation agreed to grant its employees two weeks of vacation each year, with the stipulation that vacations earned each year can be taken the following year.
Answers (1)