Castor Corp

question 103

Multiple Choice

Castor Corp.produces three products,and is currently facing a labor shortage - only 3,000 hours are available this month.The selling price,costs,labor requirements,and demand of the three products are as follows: What is the total contribution margin if Castor Corp.prioritizes production according to its limited resources?

• A)$30,000
• B)$25,000
• C)$20,000
• D)$60,000

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Definitions:

Navigation Rights

Legal rights or privileges concerning the passage of ships or boats through specific waterways, often key to trade, military, and transportation activities.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power, typically measured as an annual percentage increase.

Nation's Currency

The system of money in general use in a particular country, representing the medium of exchange and basis for trade.

Unsold Goods

Items that have been produced or acquired for sale but have not been purchased by consumers, often leading to excess inventory for businesses.