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Castor Corporation produces three products, and is currently facing a labor shortage - only 7,800 hours are available this month. The selling prices, costs, labor
Castor Corporation produces three products, and is currently facing a labor shortage - only 7,800 hours are available this month.
The selling prices, costs, labor requirements, and demand of the three products are as follows: Product A Product B Product C Sales price $ 130.00 $ 110.00 $ 120.00 Variable cost per unit $ 91.00 $ 44.00 $ 84.00 Direct labor hours per unit 1.50 3.00 2.00 Demand (units) 2,600 5,200 1,300
What is the total contribution margin if Castor prioritizes production according to its limited resources?
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