Question: Exercise 8-12 Your answer is partially correct. Try again. Ivanhoe, Inc. produces three types of balloons-small, medium, and large-with the following characteristics: Small Medium $8
Exercise 8-12 Your answer is partially correct. Try again. Ivanhoe, Inc. produces three types of balloons-small, medium, and large-with the following characteristics: Small Medium $8 Large $10 Selling price per unit Variable cost per unit Contribution margin per unit Machine hours per unit Demand in units $6 2.4 1,070 530 850 The company has only 2,000 machine hours available each month. How many units of each type of balloon should the company make to maximize its total contribution margin? (Round answers to o decimal places, e.g. 5,275.) Units Small T 530 Medium Large 1410
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