Question
Patel Company produces two models of a component, Model SR149 and Model JF930. The unit contribution margin for Model SR149 is $8 the unit contribution
Patel Company produces two models of a component, Model SR149 and Model JF930. The unit contribution margin for Model SR149 is $8 the unit contribution margin for Model JF930 is $15. Each model must spend time on a special machine. The firm owns two machines that together provide 8,000 hours of machine time per year. Model SR149 requires 30 minutes of machine time Model JF930 requires 45 minutes of machine time. Assume that Patel Company can sell only 6,400 units of each model. How many units of Model JF930 should be produced? Question 15 options: 6,400 2,750 5,500 1,250
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