Examlex

Solved

A Company Sells Two Products with Information as Follows

question 28

Multiple Choice

A company sells two products with information as follows: A company sells two products with information as follows:   Products are made by machine. 4 units of Product A can be made with one machine hour and 2 units of Product B can be made with one machine hour. The company has a maximum of 2,000 machine hours available per month. Assume there are no constraints on sales of either product, and the company could choose any product mix they wish. What is the maximum amount of contribution margin that the company could earn in a month? A) $16,000 B) $18,000 C) $20,000 D) $22,000 Products are made by machine. 4 units of Product A can be made with one machine hour and 2 units of Product B can be made with one machine hour. The company has a maximum of 2,000 machine hours available per month. Assume there are no constraints on sales of either product, and the company could choose any product mix they wish. What is the maximum amount of contribution margin that the company could earn in a month?


Definitions:

Justices

are judges of the highest court within a jurisdiction, such as the Supreme Court in the United States, responsible for interpreting the law and administering justice.

Majority Decision

A decision in a legal case or deliberative body made by more than half of the members or judges but not unanimously.

Appellate Court

A higher court that reviews the decisions of lower courts and may affirm, reverse, or modify those decisions.

Reversed

The act of a higher court changing the decision of a lower court.

Related Questions