Micro Corporation manufactures three products: X, Y, and Z with the following characteristics: Product X Product Y
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Micro Corporation manufactures three products: X, Y, and Z with the following characteristics:
Product X | Product Y | Product Z | |
---|---|---|---|
Selling price | $ 56 | $ 32 | $ 55 |
Variable cost | $ 26 | $ 23 | $ 30 |
Machine hours per unit | 3 | 1 | 5 |
Micro has a capacity of 2,600 machine hours, and the demand for each of the products is 800 units.
In order to maximize total contribution margin, how many units of each product should the company produce?
Related Book For
Canadian Income Taxation planning and decision making
ISBN: 9781259094330
17th edition 2014-2015 version
Authors: Joan Kitunen, William Buckwold
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