Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive requires $13 of variable costs to make. during april, 1,000 drives were sold. fixed costs for march were $2 per unit for a total of $1,000 for the month. how much is the contribution margin ratio?

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates