Question: Fo_nula: Divide, Multiply. Subtract; Cell Referencing E8.13 - Using Excel to Allocate Constrained Resources PROBLEM Umbrella Co. is considering the introduction of three new products.

Fo_nula: Divide, Multiply. Subtract; Cell Referencing E8.13 - Using Excel to Allocate Constrained Resources PROBLEM Umbrella Co. is considering the introduction of three new products. Per unit sales and cost information are as follows: Student Work Area Required: Provide input into calls shaded in yellow in this template. Use mathematical formulas with call references to the Problem or work area as indicated. Sales price Variable costs Fixed costs Labor hours per unit Monthly demand in units How many of each product should Umbrella Co. produce and sell to mandimize its profit? $ $ $ 3.00 $ 1.20 $ 0.50 $ 0.75 800 B 5.00 $ 3.40 $ 1.00 $ 125 650 16.00 10.00 3.50 2.00 A B 230 Contribution margin per unit Contribution margin par labor hour The company has only limited direct labor hours available to commit to production of any new products Labor hours available 1.500 Preference ranking Allocation Ranking Product Units to Produce Hours Used Hours Available 1,500 #1 42 3
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