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Help Save & Exh Sube A company owns a facility to produce chairs and tables, where material and labor are the only variable costs. Material

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Help Save & Exh Sube A company owns a facility to produce chairs and tables, where material and labor are the only variable costs. Material cost of producing is $20 per chair and $30 per table. It takes 2 hours of labor to produce each table and 1 hour to produce a chair. Labor costs $10 per hour. Each table is sold for $100 and each chair is sold for $60. There is enough demand for chairs and tables that everything the company produces can be sold. But labor hours are limited and is capped at 1,000 labor hours per month. What should the company produce? Multiple Choice Chairs and tables in the ratio of 6:5. Chairs and tables in the ratio of 2:1. Chairs only Tables only WK tv AR c

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