Castor Corporation produces three products, and is currently facing a labor shortage - only 4,800 hours...
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Castor Corporation produces three products, and is currently facing a labor shortage - only 4,800 hours are available this month. The selling prices, costs, labor requirements, and demand of the three products are as follows: Product A $ 80.00 Product B $ 60.00 Sales price Variable cost per unit $ 56.00 Direct labor hours per unit 1.50 Demand (units) 1,600 $ 24.00 3.00 Product C $ 70.00 $ 49.00 2.00 3,200 800 What is the total contribution margin if Castor prioritizes production according to its limited resources? Castor Corporation produces three products, and is currently facing a labor shortage - only 4,800 hours are available this month. The selling prices, costs, labor requirements, and demand of the three products are as follows: Product A $ 80.00 Product B $ 60.00 Sales price Variable cost per unit $ 56.00 Direct labor hours per unit 1.50 Demand (units) 1,600 $ 24.00 3.00 Product C $ 70.00 $ 49.00 2.00 3,200 800 What is the total contribution margin if Castor prioritizes production according to its limited resources?
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