Balloon, Inc. produces three types of balloonssmall, medium, and largewith the following characteristics: The company has only

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Balloon, Inc. produces three types of balloonsâ€”small, medium, and largeâ€”with the following characteristics:

The company has only 2,000 machine hours available each month.

Required
How many units of each type of balloon should the company make to maximize its total contributionmargin?

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Managerial Accounting

ISBN: 978-1118338445

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: Feb 21, 2014 04:16 AM

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Balloon, Inc. produces three types of balloonssmall, medium, and largewith the following characteristics: The company has only

Question:

Small MediumLarge $ 10 6 Selling price per unit Variable cost per unit Contribution margin per unit2 S Machine hours per unit 34 2.4 1,000 Demand in units 500 800

Step by Step Answer:

Small Medium Large Contribution margin per unit 200 300 400 Machine hours per unit 1...View the full answer

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