Question
General Electric produces three products: A, B, and C. The following data is available: Product Selling Price per Unit ($) Variable Cost per Unit ($)
General Electric produces three products: A, B, and C. The following data is available:
Product | Selling Price per Unit ($) | Variable Cost per Unit ($) | Machine Hours per Unit |
A | $50 | $30 | 2 |
B | $60 | $40 | 3 |
C | $80 | $50 | 4 |
If the company has 10,000 machine hours available, determine the optimal product mix to maximize profit.
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
5th edition
978-1259317552, 1259317552, 978-0078025600, 78025605, 978-1259335013, 1259335011, 978-1259347641
