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Hanson Corp. produces three products, and is currently facing a labor shortage-only 3,000 hours are available this month. The selling price, costs, labor requirements, and
Hanson Corp. produces three products, and is currently facing a labor shortage-only 3,000 hours are available this month. The selling price, costs, labor requirements, and demand of the three products are as follows: Selling price Variable cost per unit Direct labor hours per unit Demand Product A $50.00 $ 35.00 1.5 1,000 Products $ 30.00 $10.00 3 2,080 a. In what order should Hanson prioritize production of the products? OBA O Only A O Only B b. How many of each product should be sold during the labor shortage to maximize profit? (Leave no cells blank - be certain to enter "O" wherever required. Round your answer to the nearest whole number.) Number of products Product A Product B
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