Clay corporation manufactures two styles of lampslong dasha bedford lamp and a lowell lamp. the following per unit data are available: bedford lamp lowell lamp sales price $ 26 $ 38 variable costs $ 16 $ 23 machine hours required for one lamp 1 4 total fixed costs are $ 32 comma 000, and clay can sell a maximum of 10 comma 000 units of each style of lamp annually. machine hour capacity is 25 comma 000 hours per year. what is the contribution margin per machine hour for the bedford lamp? (round your answer to the nearest cent.)

For a multistate lottery, the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities. complete parts (a) through (c) below. x (cash prize, $) p(x) grand prizegrand prize 0.000000008860.00000000886 200,000 0.000000390.00000039 10,000 0.0000016950.000001695 100 0.0001582930.000158293 7 0.0039114060.003911406 4 0.0080465690.008046569 3 0.012865710.01286571 0 0.975015928140.97501592814 (a) if the grand prize is $13 comma 000 comma 00013,000,000, find and interpret the expected cash prize. if a ticket costs $1, what is your expected profit from one ticket? the expected cash prize is $nothing.

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?