Question
1. The Smith Company produces four products. The company has limited labor - only 10,000 hours are available this month. Product A Product B Product
1. The Smith Company produces four products. The company has limited labor - only 10,000 hours are available this month.
|
| Product A | Product B | Product C | Product D |
| Selling price | $300 | 240 | $110 | $200 |
| Variable cost per unit | $250 | 195 | $100 | $170 |
| Direct labor hours per unit | 20 | 30 | 5 | 10 |
| Demand (units) | 200 | 300 | 100 | 100 |
Required:
With supporting computations, how many of each product should be sold to maximize profit?
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Lean Auditing Driving Added Value And Efficiency In Internal Audit
Authors: James C. Paterson
1st Edition
1118896882, 978-1118896884
