Lilienthal Products Inc

question 13

Multiple Choice

Lilienthal Products Inc. makes two products-M38O and E34G. Product M38O's selling price is $145.00 and its unit variable cost is $87.00. Product E34G's selling price is $300.00 and its unit variable cost is $210.00. The monthly demand is 1,590 units for product M38O and 640 units for E34G. The constrained resource is a particular machine that is available for 10,100 minutes each month. Each unit of product M38O requires 5 minutes on this machine and each unit of product E34G requires 10 minutes on this machine.
-What is the maximum contribution margin the company can earn per month?

• A) $149,820
• B) $105,448
• C) $111,570
• D) $100,520

Describe the selection process and its importance in achieving organizational goals.

Explain the role of compensation and benefits as a function of human resource management.

Understand the significance of training and development in enhancing employee skills and organizational performance.

Comprehend the concept of performance management and its impact on achieving organizational objectives.

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Definitions:

International Body

An organization composed of members from multiple countries created to address global issues and facilitate cooperation across borders.

GATT

General Agreement on Tariffs and Trade, an international treaty designed to reduce trade barriers and promote international commerce.

Unilateral Approach

A policy or action undertaken by a single government or organization independently, rather than by agreement with others.

Free Trade

An economic policy that allows imports and exports between countries with minimal or no barriers such as tariffs, quotas, or legislation.