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Need help. Wildhorse Industries manufactures chairs and tables that are in high demand by local office furniture stores. Following is information for each of these
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Wildhorse Industries manufactures chairs and tables that are in high demand by local office furniture stores. Following is information for each of these products: Chairs Tables Selling price per item $ 97.00 Variable cost per item Contribution margin per item 83.00 67.00 80.00 $ 16.00 17.00 Machine hours per item 1.60 1.60 Wildhorse has 1064 machine hours available each month. The demand for chairs is 690 units per month and the demand for tables is 470 units per month. If Wildhorse allocates its production capacity between the chairs and tables so that it maximizes the company's contribution margin. what will the total contribution margin be? $11110 S 11305 $ 10640 Step by Step Solution
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