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Castle Corp. produces three products, and is currently facing a labor shortage. The selling price, costs, and labor requirements of the three products are as
Castle Corp. produces three products, and is currently facing a labor shortage. The selling price, costs, and labor requirements of the three products are as follows: Product A Product B Product C Selling price $ 66.00 $ 51.00 $ 61.00 Variable cost per unit $ 54.00 $ 45.00 $ 49.00 Direct labor hours per unit 1.5 3 2 Castle has unlimited demand for all its products. Which product/s should Castle Corp produce to maximize profit during the labor shortage?
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