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Jazmine's Knitting sells both designer and moderately priced knitted apparel. Management is deciding which product line to emphasize. The following data was provided: Jazmine's Knitting
Jazmine's Knitting sells both designer and moderately priced knitted apparel. Management is deciding which product line to emphasize. The following data was provided: Jazmine's Knitting store in East Plattsburgh has 900 square feet of floor space. If moderately priced items were emphasized, they could display 160 items. If designer items were emphasized, only 90 items could be displayed. These numbers are also average monthly sales for these items. (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Calculate the Contribution Margin per machine hour. 2. 3. Which type should be emphasized? 4. What will the company's operating income be
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