Bricktan Inc. makes three products, basic, classic, and delux. The maximum Bricktan can sellis 75,000 units of basic, 420,000 units of classic, and 120,000 units of deluxe. Bricktan has limited production capacity of 90,000 hours. It can produce 10 units of basic, 8 units of classic, and 4 units of deluxe per hour. Contribution margin per unit is $15 for the basic, $25 for the classic, and $55 for the deluxe. What is the total contribution margin if Bricktan chooses the most profitable sales mix? Multiple Choice $8,000,000 $18,225,000 $15,500,000 $12,800,000 Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 715,000 units of basic, 420,000 units of classic, and 120,000 units of deluxe. Bricktan has limited production capacity of 90,000 hours. It can produce 10 units of basic, 8 units of classic, and 4 units of deluxe per hour. Contribution margin per unit is $15 for the basic, $25 for the classic, and $55 for the deluxe. What is the most profitable sales mix for Bricktan Inc.? Multiple Choice o 150,000 basic, 120,000 classic and 240.000 deluxe 0 75,000 basic, 420,000 classic and 120,000 deluxe 300,000 basic, 240,000 classic and 120,000 deluxe 600,000 basic, classic and 120,000 deluxe A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (405,000 units @ $2/unit) Actual costs: Direct Materials costs incurred (403,750 units @ $2.20/unit) $ 810,000 $ 888,250 Multiple Choice 0 $2,500 Favorable. O $2,750 Unfavorable. 0 $2,750 Favorable. O $2,750 Favorable. $78,250 Favorable. $2,500 Unfavorable, The time value of money concept: Multiple Choice Means that a dollar today is worth less than a dollar tomorrow. Does not involve the concept of compound interest. Means that a dollar tomorrow is worth more than a dollar today ! Means that "Time is money." Means that a dollar today is worth more than a dollar tomorrow