Kinnane's Fine Furniture manufactures two models, Standard and Premium. Weekly demand is estimated to be 107 units

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Kinnane's Fine Furniture manufactures two models, Standard and Premium. Weekly demand is estimated to be 107 units of the Standard Model and 70 units of the Premium Model. The following per unit data apply:

Standard

Premium

Contribution margin per unit

$ 21

$ 24

Number of machineminushours required

If there are 495 machineminushours available per week, how many rockers of each model should KInnance produce to maximize profits?

107 units of Standard and 70 units of Premium

25 units of Standard and 70 units of Premium

107 units of Standard and 29 units of Premium

83 units of Standard and 41 units of Premium

Posted Date: May 18, 2024 04:04 AM

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Kinnane's Fine Furniture manufactures two models, Standard and Premium. Weekly demand is estimated to be 107 units

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