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Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is two units per hour and for Product MTV

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Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is two units per hour and for Product MTV is five units per hour. The machine's capacity is 2.100 hours per year. Both products are sold to a single customer who has agreed to buy all of the company's output up to a maximum of 3.570 units of Product TLX and 2.065 units of Product MTV. Selling prices and variable costs per unit to produce the products follow. $s per unit Product TLX Product MTV Selling price per unit Variable costs per unit $12.50 3.75 $7.50 4.50

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