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16. Sinatra produces two product lines: Frank & Blue If machine hours is a constrained resource, given the following data: Frank contribution margin per unit
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Sinatra produces two product lines: "Frank" \& "Blue" If machine hours is a constrained resource, given the following data: "Frank" contribution margin per unit \$33 "Blue" contribution margin per unit \$41 "Frank" requires 2 machine hours per unit "Blue" requires 6 machine hour per unit Assuming Sinatra has just enough machine hours to meet demand for its most profitable line, how much would they be willing to pay per hour to obtain more machine hours? Round only your final answer to 2 decimal places Hint: Consider what they are missing out onStep by Step Solution
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