on Particulars of four types of products are stated below:- Particulars Selling price per unit Contribution...

 

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on Particulars of four types of products are stated below:- Particulars Selling price per unit Contribution per unit Product A Product B Product C Product D £51.50 £57.50 £51.25 £53.75 £11.75 £15.00 £13.50 £12.50 Assume the fixed costs remain the same and there is same demand level for each type of product. For maximising profit, which type of product should be produced? (Note: Contribution is used to cover fixed costs. Therefore, the higher the contribution, the higher the profit for the product.) Select one: O a. Product A O b. Product C O c. Product D O d. Product B on Particulars of four types of products are stated below:- Particulars Selling price per unit Contribution per unit Product A Product B Product C Product D £51.50 £57.50 £51.25 £53.75 £11.75 £15.00 £13.50 £12.50 Assume the fixed costs remain the same and there is same demand level for each type of product. For maximising profit, which type of product should be produced? (Note: Contribution is used to cover fixed costs. Therefore, the higher the contribution, the higher the profit for the product.) Select one: O a. Product A O b. Product C O c. Product D O d. Product B

Answer rating: 100% (QA)

Out of the four products A B C and D product A has the highest contribution per unit making it th... View the full answer