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JSON-9633 Inc. produces Products X5, Y8, and 29. The following table provides per unit information relating to the three products: Selling price Variable expenses:
JSON-9633 Inc. produces Products X5, Y8, and 29. The following table provides per unit information relating to the three products: Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio Product X5 $ 80.00 Y8 $54.00 29 $ 80.00 24.00 18.00 12.00 24.00 25.20 44.00 48.00 43.20 56.00 $32.00 $ 10.801 $ 24.00 40% 20% 30% JSON-9633 has enough demand to sell 850 units of each product per month. Each product requires the same direct materials in its production. The direct materials cost $3 per pound. The company will at most have 7,000 pounds of the direct materials available every month What is the maximum contribution margin that JSON-9633 can earn per month using its 7,000 pounds of direct materials optimally? O$20,400 O$37,300 O$34,800 $14.400
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