4. Raines Company manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below. Small Medium Large Unit selling price $150 $250 $500 Unit costs: Variable manufacturing (60) (120) (200) Fixed manufacturing (40) (50) (120) Variable selling and administrative (30) (30) (30) Unit profit $ 20 $ 50 $150 Demand in units 100 120 100 Machine-hours per unit 20 40 100 The maximum machine-hours available are 6,000 per week.i. What is the contribution margin per machine-hour for a large chair?ii. Which of the three product models should be produced first if management incorporates a short-run profit maximizing strategy?iii. How many of each product should be produced per month using the short-run profit maximizing strategy?

4. Raines Company manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below. Unit selling price Small Medium Large $150 $250 $500 Unit costs: Variable manufacturing (120) (200) Fixed manufacturing Variable selling and administrative (50) (120) (30) Unit profit $ 20 $ 50 $150 Demand in units 100 120 100 Machine-hours per unit 100 The maximum machine-hours available are 6,000 per week. What is the contribution margin per machine-hour for a large chair? Which of the three product models should be produced first if management incorporates a short-run profit maximizing strategy? E How many of each product should be produced per month using the short-run profit maximizing strategy