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Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can produce 8 standard
Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can produce 8 standard units per hour or 5 premier units per hour, and it has 39,000 production hours available. Contribution margin per unit is $20.00 for the standard product and $26.00 for the premier product. What is the total contribution margin if Logan chooses the most profitable sales mix?
$8,760,000.
$10,590,000.
$8,070,000.
$5,970,000.
$6,240,000.
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