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Crane Company produces earrings, bracelets, and necklaces that are in high demand. Following is information for each of these products: Earrings Bracelets Necklaces Selling price
Crane Company produces earrings, bracelets, and necklaces that are in high demand. Following is information for each of these products: Earrings Bracelets Necklaces Selling price per item $17.40 $25.00 $32.10 Variable cost per item 14.60 21.50 26.70 Contribution margin per item $2.80 $3.50 $5.40 Machine hours per item 0.50 1.00 1.20 Crane has 2000 machine hours available each month. Demand for each item exceeds Sienna's capacity to produce the item. In order to maximize the company's total contribution margin, in what sequence should Crane fill orders for the three products? Bracelets first, then earrings, then necklaces Necklaces first, then bracelets, then earrings. Earrings first, then necklaces, then bracelets. Necklaces first, then earrings, then bracelets
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