Greg's Breads Can Produce and Sell Only One of the Following

question 42

Multiple Choice

Greg's Breads can produce and sell only one of the following two products: $\begin{array}{lll}&\text { Oven } & \text { Contribution } \\&\text { Hours Required } & \text { Margin Per Unit }\\\text { Muffins } & 0.2 & \$ 3 \\\text { Coffee Cakes } & 0.3 & \$ 4\end{array}$ The company has oven capacity of 1,500 hours. How much will contribution margin be if it produces only the most profitable product?

• A) $15,000
• B) $20,000
• C) $22,500
• D) $30,000

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Definitions:

Princesses

Historically or in storybooks, female members of a royal family, especially daughters of a king and queen.

Schema Accessibility

The ease with which a mental schema (a structured set of concepts) can be retrieved from memory, influencing how people encode and recall information.

Arrogance

An attitude of superior importance or presumption often manifested through an overbearing manner.

Conceitedness

An attitude of excessive pride in oneself or one’s achievements, often manifesting as arrogance or vanity.