Benoit Company produces three products$-$A$,$ B$,$ and C$.$ Data concerning the three products follow $($per unit$)$:

The company estimates that it can sell $800$ units of each product per month. The same raw material is used in each product. The

material costs $$3$ per pound with a maximum of $5,000$ pounds available each month.

Required:

Calculate the contribution margin per pound of the constraining resource for each product. $($Hint: Use the DM cost in the table and

the cost of the material per pound to figure out how many pounds are used by each product.$)$

Which orders would you advise the company to accept first, those for $A,B,$ or C$?$ Which orders second? Third?

What is the maximum contribution margin that the company can earn per month if it makes optimal use of its $5,000$ pounds of

materials? $($See hint below.$)$