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Boots Ltd manufactures two types of work boots: standard and exclusive. Standard boots have a contribution margin of $130. Exclusive boots have a contribution margin
Boots Ltd manufactures two types of work boots: standard and exclusive. Standard boots have a contribution margin of $130. Exclusive boots have a contribution margin of $210. These boots are made on a machine with a capacity of 27,000 hours per year. Standard boots take 0.1 hours and exclusive boots take 0.15 hours per unit.
How many of each type of boot should be made to optimise total contribution margin?
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