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Aspen requires 4 machine hours, Oak requires 2.5 machine hours and Pine requires 1.5 machine hours. The company has 1,440 machine hours available each year.
Aspen requires 4 machine hours, Oak requires 2.5 machine hours and Pine requires 1.5 machine hours. The company has 1,440 machine hours available each year. The demand for each product is 500 units. If Forest River schedules its production to maximize its total contribution margin, what would be the company's total contribution margin? Forest River produces 3 products, Aspen, Oak, and Pine. The company has accumulated the following information about each of its products: Sales price per unit Variable cost per unit Contribution margin per unit Aspen $12.00 8.00 $ 4.00 Oak $9.60 6.40 $3.20 Pine $8.00 5.60 $2.40 Aspen requires 4 machine hours, Oak requires 2.5 machine hours and Pine requires 1.5 machine hours. The company has 1,440 machine hours available each year. The demand for each product is 500 units. If Forest River schedules its production to maximize its total contribution margin, what would be the company's total contribution margin
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