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Ohio Chemical (Ohio) manufacutures a variety of household products. A key ingredient in Ohio's products is mytron, which typically costs $1 per ounce. Because of

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Ohio Chemical (Ohio) manufacutures a variety of household products. A key ingredient in Ohio's products is mytron, which typically costs $1 per ounce. Because of a recent shortage of mytron, Ohio's management must decide how to most effectively ration its available supply. Information related to the three products that use mytron are shown below: Hand Soap $24 Paint Remover $20 Laundry Detergent $12 60% Contribution margin per case Contribution margin ratio Mytron required per case (in ounces) Maximum monthly demand (in cases) 50% 3 40% 5 2 500 200 2,000 Assume that Ohio has only 4,000 ounces of mytron available next month. What is the maximum amount of contribution margin that Ohio can generate from the three products? Numeric Response

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