=+ The demand for Lomax Ltds V262 valves is 370000 per year. Jackson Ltd has asked
Question:
=+◗ The demand for Lomax Ltd’s V262 valves is 370000 per year.
◗ Jackson Ltd has asked Lomax Ltd to supply 22000 T971 valves (another product) if Lomax Ltd implements the new design.
The contribution margin per T971 valve is $10. Lomax Ltd can make two T971 valves per machine-hour with 100% quality and no rework.
Required 1 Suppose Lomax Ltd’s designers implement the new design. Should Lomax Ltd accept Jackson Ltd’s order for 22000 T971 valves?
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