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2 years ago

The Wester Corporation produces three products with the following costs and selling prices:

Business

2 answers:

vitfil [10]2 years ago

8 0

Answer:

Product A, then Product C and finally Product B

Explanation:

The unit profit = Selling price per unit - Variable cost per unit - Fixed cost per unit

Unit Profit of product A = $21 - $11 - $5 = $5

Unit Profit of product B = $12 - $7 - $3 = $2

Unit Profit of product C = $32 - $18 - $9 = $5

The profit of each product in 1 machine hour = 1 hour/ Machine hours per unit * Unit Profit

Profit of Product A in 1 hour using machine = 1/0.2 * $5 = $25

Profit of Product B in 1 hour using machine = 1/0.5*$2 = $4

Profit of Product C in 1 hour using machine = 1/0.2* $5 = $25

Product A & Product C have same profit in 1 hour machine, then we have to consider Direct labor hours per unit which product A is 0.4 while product C is 0.7. It means Product C is more costly in direct labour than Product A.

In short, then the ranking of the products from the most profitable to the least profitable use of the constrained resource is Product A, then Product C and finally Product B

viva [34]2 years ago

3 0

Answer: The ranking of the product in terms the most profit to the least profit is A C B

Explanation:

A. B. C

$ $ $

Selling price per unit. 21 12 32

Less: Variable cost. 11 7 18

---------- ----------- ----------

Contribution margin. 10 5 14

Less: Fixed cost per unit. 5 3 9

-------- ---------- -----------

Profit. 5 2 5

--------- ------- --------

Since the machine hour is the constraint, we divide the profit by the machine hour per unit

Product A = 5÷0.2 = 25

Product B= 3 ÷ 0.5 = 4

Product C = 5 ÷ 0.2 = 25

Therefore the ranking in terms of most profitable to the least profitable is ACB

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The united states department of agriculture (usda) found that the proportion of young adults ages 20–39 who regularly skip eatin

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Answer:

probability = 0.3557

Explanation:

given data

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random sample of size n = 500

to find out

we find the probability that the number of individuals in Lance's sample who regularly skip breakfast is greater than 122

solution

we use here Normal Approximation to Binomial Distribution

so first consider random variable = x

x~ Bin (n,p) .............1

and here Normal Approximation will be

x~ Normal Approx (np, npq) .................2

so it will be

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as here we know q will be

q = 1 - p

q = 1 - 0.238

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We will convert it to Z by as that

z = $\frac{x-\mu}{\sigma}$ ................4

and here

mean $\mu$ = np

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1 year ago

Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following i

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Answer and Explanation:

The preparation of the operating activities section is shown below:

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