Solved

Greg's Breads Can Produce and Sell Only One of the Following

Question 42

Multiple Choice

Greg's Breads can produce and sell only one of the following two products:  Oven  Contribution  Hours Required  Margin Per Unit  Muffins 0.2$3 Coffee Cakes 0.3$4\begin{array}{lll}&\text { Oven } & \text { Contribution } \\&\text { Hours Required } & \text { Margin Per Unit }\\\text { Muffins } & 0.2 & \$ 3 \\\text { Coffee Cakes } & 0.3 & \$ 4\end{array} The company has oven capacity of 1,500 hours. How much will contribution margin be if it produces only the most profitable product?


A) $15,000
B) $20,000
C) $22,500
D) $30,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions