The Management of Kull Corporation Has Provided the Following Data

question 32

Multiple Choice

The management of Kull Corporation has provided the following data concerning its two products-E76 and R73: The constrained resource is a particular machine that is available for 9, 900 minutes each month.Each unit of product E76 requires 15 minutes on this machine.Each unit of product R73 requires 3 minutes on this machine. The company is considering launching a new product that would have a variable cost of $55.00 per unit.It would require 5 minutes of the constrained resource.The absolute minimum acceptable selling price for the new product should be:

• A)$87.00
• B)$61.40
• C)$55.00
• D)$91.00

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Definitions:

Stability

The quality of being resistant to change and capable of maintaining a constant condition.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a dismissive or derogatory view towards other cultures.

Sociological Perspective

An approach to understanding human behavior by placing it within its broader social context, examining how societies influence individuals and groups.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, celebrated for fostering creativity, innovation, and pluralism.