Question: Use the information provided below to determine the optimum mix of products that should be produced. Also indicate the total contribution that would be earned

Use the information provided below to determine the optimum mix of products that should be produced. Also indicate the total contribution that would be earned by Everest Limited on each product. (6 marks)

INFORMATION

Everest Limited has only 2 800 labour hours available to produce three products viz. Product X, Product Y and Product Z. The following information relates to the expected demand and the productive capacity for the next month in respect of the three products that it manufactures:

Product X

Product Y

Product Z

Sales price per unit

R60

R75

R90

Variable costs per unit

R36

R30

R60

Estimated sales demand

600 units

Required labour hours

600 hours

1 800 hours

1 500 hours

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