Castor Corp. produces three products, and is aurrently facing a labor shortage - only 3,000 hours...

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Castor Corp. produces three products, and is aurrently facing a labor shortage - only 3,000 hours are available this month. The selling price, costs, labor requirements, and demand of the three products are as follows: Selling price per unit Variable cost per unit Direct Labor hours per unit Demand Product A Product B Product C $30 $10 $50 $35 1.5 $40 $30 3 2 1,000 2,000 500 a. In what order should Castor prioritize production of the products? (A, B, C) b. How many of each product should be sold during the labor shortage to maximize profit? (1,000 units of A, 500 units of B, and O units of C) Castor Corp. produces three products, and is aurrently facing a labor shortage - only 3,000 hours are available this month. The selling price, costs, labor requirements, and demand of the three products are as follows: Selling price per unit Variable cost per unit Direct Labor hours per unit Demand Product A Product B Product C $30 $10 $50 $35 1.5 $40 $30 3 2 1,000 2,000 500 a. In what order should Castor prioritize production of the products? (A, B, C) b. How many of each product should be sold during the labor shortage to maximize profit? (1,000 units of A, 500 units of B, and O units of C)

Answer rating: 100% (QA)

a Product A Product B Product C Selling price per unit 50 30 40 Variable cost per unit 35 10 30 Cont... View the full answer