The information below shows the two products company XYZ sells: Chairs Tables Selling price per unit...

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The information below shows the two products company XYZ sells: Chairs Tables Selling price per unit $80 $400 Variable cost per unit $30 $200 Contribution margin per unit $50 $200 Board feet of wood required per unit 2 board feet 10 board feet Monthly demand of units 600 chairs 100 tables The company's supplier of hardwood will only be able to supply 2,000 board feet this month. a. What is the contribution margin per board foot of wood for each product? Chairs [Select] Tables [Select] How many chairs and tables should the company produce to best utilize the 2,000 board feet of wood? (in other words, which combination would maximize profits?) Remember to see how many of each product is demanded per month. Also, you will want to produce the one with the highest CM per board foot first. Chairs [Select] Tables [Select] The information below shows the two products company XYZ sells: Chairs Tables Selling price per unit $80 $400 Variable cost per unit $30 $200 Contribution margin per unit $50 $200 Board feet of wood required per unit 2 board feet 10 board feet Monthly demand of units 600 chairs 100 tables The company's supplier of hardwood will only be able to supply 2,000 board feet this month. a. What is the contribution margin per board foot of wood for each product? Chairs [Select] Tables [Select] How many chairs and tables should the company produce to best utilize the 2,000 board feet of wood? (in other words, which combination would maximize profits?) Remember to see how many of each product is demanded per month. Also, you will want to produce the one with the highest CM per board foot first. Chairs [Select] Tables [Select]