Answered step by step
Verified Expert Solution
Question
1 Approved Answer
39. Bison Co. makes three products, basic, classic, and deluxe. The maximum Bison can sell is 140,000 units of basic, 524,000 units of classic, and
39.
Bison Co. makes three products, basic, classic, and deluxe. The maximum Bison can sell is 140,000 units of basic, 524,000 units of classic, and 250,000 units of deluxe. Bison has limited production capacity of 142,000 hours. It can produce 10 units of basic, 8 units of classic, and 4 units of deluxe per hour. Contribution margin per unit is $15 for the basic, $25 for the classic, and $55 for the deluxe What is the total contribution margin Bison Co. chooses the most profitable sales mix? Multiple Choice $19.388,000 $16.637500 $12.052 000 $15.982,000 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started