Acme Company produces and sells three products—P, Q and R. Total annual customer demand is 3,000 units for Product P, 2,000 units for Product Q, and 2,400 units for Product R. The contribution margin per unit is $78 for Produce P, $84 for Product Q, and $70 for Product R. It takes 3.0 machine hours to produce one unit of Product P, 3.5 machine hours to produce one unit of Product Q, and 2.5 machine hours to produce one unit of Product R. Acme’s current capacity is 14,000 machine hours per year. What is the maximum amount that Acme should be willing to pay per machine hour to acquire an additional 1,000 machine hours of capacity?

Acme Company purchases precious metal (Pd) at a cost of $42 per ounce. Acme can resell Pd as is for $45 per ounce or it can process it into gadgets. It takes one ounce of Pd to make one gadget, which Acme can sell for $75 per unit. In addition to the cost of Pd, Acme incurs $16 of additional variable costs to make and sell one gadget. The monthly traceable fixed costs related to producing and selling gadgets include $98,000 of salaries paid to managers, as well as $21,000 of depreciation expense on production equipment that has no resale value. How many gadgets does Acme need to sell each month to break-even on processing Pd into gadgets as opposed to merely reselling Pd as is?

In Strickland v. Washington, the Supreme Court ruled that people accused in capital cases have the right to representation that meets an “objective standard of __________________.”

Which strategy recommends reserving prison space for violent offenders that have not been deterred by other sanctions?

What is the strategy of building new facilities to meet the demand for prison space?

The first two decades of the 1900s is called the Age of _______________.

A ___________________ stipulates that some minimum period of incarceration must be served by people convicted of selected crimes, regardless of the background or circumstances.

What are a variety of punishments that are more restrictive than traditional probation but less severe and costly than incarceration?

Public service workers who interact directly with citizens in the course of their work, granting access to government programs and providing services within them are known as _____________________ bureaucrats.

A substance abuse program inside a prison fulfills which purpose of corrections?