Ivanhoe Co. is considering the introduction of three new products. Per unit sales and cost information...

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Ivanhoe Co. is considering the introduction of three new products. Per unit sales and cost information are as follows: A B C Sales $ 3.00 $ 5.00 $ 18.00 Variable costs $ 1.20 $ 3.40 $ 12.00 Fixed costs $ 0.50 $ 1.00 $ 3.50 Labor hours per unit 0.75 hours 1.25 hours 2.00 hours Monthly demand in units 800 650 250 The company has only 1,800 direct labor hours available to commit to production of any new products. How many of each product should Ivanhoe Co. produce and sell to maximize its profit? (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 5,275.) A B C Ivanhoe Co. is considering the introduction of three new products. Per unit sales and cost information are as follows: A B C Sales $ 3.00 $ 5.00 $ 18.00 Variable costs $ 1.20 $ 3.40 $ 12.00 Fixed costs $ 0.50 $ 1.00 $ 3.50 Labor hours per unit 0.75 hours 1.25 hours 2.00 hours Monthly demand in units 800 650 250 The company has only 1,800 direct labor hours available to commit to production of any new products. How many of each product should Ivanhoe Co. produce and sell to maximize its profit? (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 5,275.) A B C