A company produces three products, Round, Square, and Triangle, with the following costs and selling prices:

Round Square Triangle

Selling price per unit $$24$ $$26$ $$20$

Variable cost per unit $$10$ $$10$ $$12$

Machine Hour usage per unit $($MH$)2$ MH $4$ MH $4$ MH

The company has a limit of $14,800$ machine hours available per month. The company has a monthly fixed cost of $$30,000.$ The demand for each of the products is $2,500$ units per month. The company$$s goal is to maximize its profitability.

Suppose the company can rent a machine that will provide an additional $1,100$ machine hours per month. What is the maximum monthly rent the company would be willing to pay for this machine?

Multiple Choice

$$4,400$

$$2,200$

$$2,900$

$$2,600$