Danny Dolittle makes crafts in his spare time and always sells everything he makes at local craft shows. Danny specializes in four products. Because Danny's time is limited before the next craft show, he is trying to decide how to use his time to the best advantage. Information related to the four products that Danny produces are shown below: Rag DollsPot HoldersBread BasketsFinger PuppetsContribution margin per unit$8 $2 $12 $6 Contribution margin ratio 40% 25% 32% 30%Time required per unit (in hours) 1.4 0.5 3.5 2.0 Rank the products from the most profitable to the least profitable use of the constrained resource.
A. Pot Holders, Rag Dolls, Finger Puppets, Bread Baskets
B. Bread Baskets, Rag Dolls, Finger Puppets, Pot Holders
C. Rag Dolls, Pot Holders, Bread Baskets, Finger Puppets
D. Rag Dolls, Bread Baskets, Finger Puppets, Pot Holders
Answer: C
You might also like to view...
All of the following are true of promoters of a corporation EXCEPT:
a. They solicit investors to begin the corporation. b. They prepare the formal documents of incorporation. c. They may make contracts in the name of the corporation. d. They continue to solicit capital whenever needed after incorporation.
Companies are required to release material information to the public, rather than to reveal such information selectively under:
a. the 10-Q Report Regulation b. Rule 8-K c. Insider Trading Rule (ITR) d. OTC Rule e. none of the other choices
Bendel Inc. has an operating leverage of 4.8. If the company's sales increase by 13%, its net operating income should increase by about:
A. 62.4% B. 13.0% C. 2.7% D. 47.8%
A__________works well for companies that are geographically dispersed
A) ring topology B) star topology C) mesh topology D) hierarchical topology