Maxim manufactures a hamster food product called green health. maxim currently has 10,000 bags of green health on hand. the variable production costs per bag are $1.80 and total fixed costs are $10,000. the hamster food can be sold as it is for $9.00 per bag or be processed further into premium green and green deluxe at an additional cost. the additional processing will yield 10,000 bags of premium green and 3,000 bags of green deluxe, which can be sold for $8 and $6 per bag, respectively. assuming maxim further processes green health further into premium green and green deluxe, revenue from the two products would be

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Taking commercial paper means the holder acts honestly

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)