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550 Wood Carving Corporation manufactures three products. Because of a recent lack of skilled wood carvers, the corporation has had a shortage of available labor
550 Wood Carving Corporation manufactures three products. Because of a recent lack of skilled wood carvers, the corporation has had a shortage of available labor hours. The following per unit data relates to the three products of the corporation: Letter Elvis Statues Candle Holders Sales Price $30 $80 $42 Variable costs $20 $20 Labor hours Required 2 Assume that Wood Carving only has 1,800 labor hours available next month. a. Which product should be emphasized? b. Show the final values for EACH product that you based your decision upon: (HINT: You must do a computation) 1. Letter 2. Elvis 3. Candle
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