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Choosing the Optimal Product Mix with One Constrained Resource Required: What is the contribution margin per hour of painting department time for each product? What
Choosing the Optimal Product Mix with One Constrained Resource
Required:
What is the contribution margin per hour of painting department time for each product?
What is the optimal mix of products? If an amount is zero, enter
What is the total contribution margin earned for the optimal mix?
$
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Divide the contribution margin for each product by painting department hours.
Determine the first priority to meet market demands.
Calculate CM based on mix of products determined.
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