Castries Ltd makes three products: Gimie, Gros and Petit. The budgeted production for three months is as
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Castries Ltd makes three products: Gimie, Gros and Petit. The budgeted production for three months is as follows.
Direct material costs $2 per litre. Direct labour is paid at $10 per hour. Fixed expenses are $10 000. Castries Ltd has been informed that only 10 575 litres of material are available.
Required
Prepare a revised production budget that will produce the most profit from the available materials.
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