Brief Exercise $8-34$ Determining the Optimal Product Mix with one Constrained Resource and a Sales Constraint

Objective $3$ Example $8\mathrm{.}8$

Refer to the information for Midlife Orthopedics Inc. above. Assume that a maximum of $16,000$ therapy sessions of each type can be sold.

Required:

What is the contribution margin per hour of therapist time for each type of session $($Injury Rehabilitation and Preventative Care$)?$

What is the optimal mix of therapy sessions?

What is the total contribution margin earned for the optimal mix?

Brief Dxercise $885$ Calculating Price by Applyinga Markup

Percentage to Gost