Lewis Company Has Only 25,000 Hours of Machine Time Each

question 32

Multiple Choice

Lewis Company has only 25,000 hours of machine time each month to manufacture its two products.Product X has a contribution margin of $50,and Product Y has a contribution margin of $64.Product X requires 5 hours of machine time,and Product Y requires 8 hours of machine time.If Lewis Company wants to dedicate 80 percent of its machine time to the product that will provide the most income,the company will have a total contribution margin of

• A)$250,000.
• B)$240,000.
• C)$210,000.
• D)$200,000.

---

Definitions:

Ethnic Voters

Refers to voters grouped by their ethnic background, often considered by political analysts and parties for their potential influence on electoral outcomes.

Republican Party

One of the two major political parties in the United States, known for its conservative stances on economic and social policies.

Economic Value

Refers to the worth of a good or service determined by the market and the benefits it provides to those who purchase or use it.

Wages

Payments made to employees by employers in exchange for work performed, often expressed as an hourly, daily, or piece rate.