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Castor Corp. produces three products, and is currently facing a labor shortage - only 3,000 hours are available this month. The selling price, costs, labor
Castor Corp. produces three products, and is currently facing a labor shortage - only 3,000 hours are available this month. The selling price, costs, labor requirements, and demand of the three products are as follows: Product A Product B Product C Selling price $50.00 $30.00 $40.00 Variable cost per unit $35.00 $10.00 $30.00 Direct labor hours per unit 1.5 3 2 Demand 1,000 2,000 500 How many of each product should be sold during the labor shortage to maximize profit?
Castor Corp. produces three products, and is currently facing a abor shortage only 3,000 hours are available this month. The selling price, costs, labor requirements, and demand of the three products are as follows: Product A Product B Product c $50.00 $30.00 $40.00 Selling price Variable cost per unit $35.00 $10.00 $30.00 Direct labor hours per unit Demand 3 2 1.5 1,000 2,000 500 How many of each product should be sold during the labor shortage to maximize profit? O of Product A, 1,000 of Product B, and 0 of Product C. 2,000 of Product A, O of Product B, and O of Product C. 1,000 of Product A, 500 of Product B, and O of Product C. 1,000 of Product A, 2,000 of Product B, and 500 of Product CStep by Step Solution
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