Question
A company produces hand-made greetings cards. If labour is limited, in what order should these cards be produced to maximise the company's profits? Birthday Anniversary
A company produces hand-made greetings cards. If labour is limited, in what order should these cards be produced to maximise the company's profits?
| Birthday | Anniversary | New home | Congratulations | |
| Sales price | 2.00 | 3.00 | 4.00 | 3.60 |
| Variable cost | 1.20 | 2.00 | 2.30 | 2.20 |
| Fixed cost per card | 0.40 | 0.20 | 0.25 | 0.22 |
| Time to make card | 1/2 hour | 1/2 hour | 1 hour | 1 hour |
Group of answer choices
Birthday, Congratulations, New home, Anniversary
New home, Birthday, Anniversary, Congratulations
Congratulations, Birthday, New home, Anniversary,
Anniversary, New home, Birthday, Congratulations
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
