Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Plz answer all the questions Use the Sky Inc. makes operational information is given in the table below. Assume that the demand for each product

Plz answer all the questions image text in transcribed
Use the Sky Inc. makes operational information is given in the table below. Assume that the demand for each product is far above capacity. Sky Inc. has a fixed cost of $20,000 products A, B, C, and D, but it has limited capacity of 1,000 machine hours. Its Product A Product C S550 S150 $400 Product D $640 $160 $480 Product B Price per unit $150 $240 Unit VC CM per unit s 50 $100 S 60 Machine hours/unit t$180 6. Which product should you make? A. Product A B. Product E C. ProductC D. Product D 7. What is Sky Inc. maximum possible profit? A. Not enough information B. 100,000 C. 80,000 D. 60,000 8. You are choosing among jobs A, B, C and D. The annual salary is $120,000 for job A, $130,000 for job B, $150,000 for job C and S100,000 for job D. All four jobs require the same number of hours per week. The opportunity cost of choosing job B is: A. $150,000 B. $130,000 C. $120,000 D. $100,000 9. If profit is $300, sales are $30,000, asset turnover is 10, and cost of capital is 1.25% a year, how much is ROI (return on investment)? A. 1% B. 3.75% C, 10% D. not enough information

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

2001 Miller Audit Procedures Miller Engagement

Authors: George Georgiades

1st Edition

0156071940, 978-0156071949

More Books

Students also viewed these Accounting questions