Question: Current Attempt in Progress Pharoah Co . is considering the introduction of three new products. Per unit sales and cost information are as follows:

Current Attempt in Progress Pharoah Co. is considering the introduction of three new products. Per unit sales and cost information are as follows: \begin{tabular}{|l|l|l|l|l|l|l|}\hline & A & & B & & C & \\\hline Sales & \$ 3.00 & & \$ 6.00 & & \$ 16.00 & \\\hline Variable costs & \$ 1.20 & & \$ 3.40 & & \$ 10.00 & \\\hline Fixed costs & \$ 0.50 & & \$ 1.00 & & \$ 3.50 & \\\hline Labor hours per unit & & 0.75 hours & & 1.25 hours & & 2.00 hours \\\hline Monthly demand in units & 800 & & 650 & & 250 & \\\hline \end{tabular} The company has only 1,700 direct labor hours available to commit to production of any new products. How many of each product should Pharoah Co. produce and sell to maximize its profit? (Round per unit calculations to 2 decimal places, e.g.15.25 and final answers to 0 decimal places, e.g.5,275.) A B C
Current Attempt in Progress Pharoah Co . is

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Problem Analysis Pharoah Co is trying to maximize its profit by introducing three new products A B and C The company has 1700 direct labor hours available for production The objective is to determine ... View full answer

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