Memory Lane Company can sell all units of computer memory X and Y that it can produce,

Question:

Memory Lane Company can sell all units of computer memory X and Y that it can produce, but it has limited production capacity. It can produce four units of X per hour or three units of Y per hour, and it has 8,000 production hours available. is $10 for product X and $8 for product Y. What is the most profitable sales mix for this company?

Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...