Question: The same raw material is used in all three products. Cannon Corp has only 6,000 pounds of raw material on hand and will not be


The same raw material is used in all three products. Cannon Corp has only 6,000 pounds of raw material on hand and will not be able to obtain any more of it for several weeks due to a strike in its supplier's plant. Management is trying to decide which product(s) to concentrate on next week in filling its backlog of orders. The material costs $8 per pound. Assuming that Cannon has unlimited demand for each of its three products, the maximum contribution margin the company can earn when using the 6,000 pounds of raw material on hand is $[maxcm1] ? 112,000 110,000 108,000 100,000 Cannon Corp manufactures three products: X,Y, and Z. The selling price, variable costs, and contribution margin for one unit of each product follow
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