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Norman Corporation manufactures three products. The corporation has had a limited labor hours available. The following per unit data relates to the three products of
Norman Corporation manufactures three products. The corporation has had a limited labor hours available. The following per unit data relates to the three products of the corporation: Selling price Variable cost Labor hours required O $17,200 O $17,800 Letter Openers $30 O $12,000 Candle Statues Holders $80 Assume that Norman only has 1,800 labor hours available next month. Also assume that Norman can only sell 800 units of each product in a given month. What is the maximum amount of contribution margin that Norman can generate next month given its limited labor hours? 11 KE
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