As before, Colonial Heritages supplier of hardwood will only be able to supply 2,000 board feet this month. Assume the company follows the plan we have proposed. Up to how much should Colonial Heritage be willing to pay above the usual price to obtain more hardwood?

a. $40 per board foot

b. $25 per board foot

c. $20 per board foot

d. Zero

Selling price per unit Variable cost per unit Board feet per unit Monthly demand Chairs $80 $30 2 Tables $400 $200 10 600 100 The company's supplier of hardwood will only be able to supply 2,000 board feet this month. What plan would maximize profits? a. 500 chairs and 100 tables b. 600 chairs and 80 tables C. 500 chairs and 80 tables d. 600 chairs and 100 tables