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16. IKS has a production capacity of 5,000 hours that can be used to produce either A or B products. The following data is available:

16. IKS has a production capacity of 5,000 hours that can be used to produce either A or B products. The following data is available:
Product A Product B Unit selling price 27$ 30$ Unit raw material 9$ 7$ Direct labor (variable) per unit 5$ 5$ Indirect manufacturing costs 3$ 6.50$ variable per unit Fixed indirect manufacturing costs 7$ 5$ per unit Production time 2 heures 0.5 heures

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