Question
A company manufactures two products, P1 and P2, with the following details: P1: Selling price $120, variable cost $80 P2: Selling price $150, variable cost
A company manufactures two products, P1 and P2, with the following details:
P1: Selling price $120, variable cost $80
P2: Selling price $150, variable cost $100 The company's total production capacity is 10,000 units. Determine the optimal product mix that maximizes the company's total contribution margin considering the production constraint.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
