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13 A COMPANY PRODUCES THREE PRODUCTS WITH THE FOLLOWING INFORMATION: Selling price per unit Variable cost per unit Machine-hours per unit (MH/unit) Good $17 $8

13 A COMPANY PRODUCES THREE PRODUCTS WITH THE FOLLOWING INFORMATION:

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Selling price per unit Variable cost per unit Machine-hours per unit (MH/unit) Good $17 $8 2 Product Better $19 $10 3 Best $26 $12 4 The company has a limit of 14,300 machine-hours available per month and a monthly fixed cost of $47.000.- The demand for each of the products is 2.500 units per month The company's goal is to maximize its profitability. Suppose the 000 company can rent a machine that will provide an additional 1,240 machine-hours per month Q. What is the maximum monthly rent the optimal use of their own machine)? company should be willing to pay for this machine (assuming they've made A$

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