Table 18-B Consider the Following Daily Production Data for MadeFromScratch, Inc. MadeFromScratch

question 58

Multiple Choice

Table 18-B
Consider the following daily production data for MadeFromScratch, Inc. MadeFromScratch sells cupcakes for $3 each and pays the workers a wage of $325 per day.
-Refer to Table 18-11. What is the third worker's marginal product of labor?

• A)120 cupcakes
• B)140 cupcakes
• C)160 cupcakes
• D)180 cupcakes

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Definitions:

Project

A planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations.

Payback

A capital budgeting method that calculates the period of time required for the return on an investment to repay the original investment cost.

Cash Flow

Cash Flow is the total amount of money being transferred into and out of a business, especially as affecting liquidity. It is often considered in terms of net cash flow, which is income minus expenses.

Project

A temporary endeavor designed to produce a unique product, service, or result with specific objectives.