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pplease help ****read question carefully**** Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint Comfy Fit Company manufoctures two types of
pplease help ****read question carefully****
Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint Comfy Fit Company manufoctures two types of unlversity sweatshirts, the Swoop and the Rufus, with unit contribution margins of $5 and $15, respectively, Regardless of type, each sweatshirt must be fed through a stitching machine to affix the appropriate university logo. The firm leases seven mochines that each provides 1,000 hours of machine time per year. Each Swoop sweatshirt requires 6 minutes of machine time, and each Rufus sweatshirt requires 30 minutes of machine time. Assume that a maxinum of 45,330 units or each sweatshirt can be sold Recuired: If required, round your answers to the nearest whole number. 1. What is the contribution margin per hour of machine time for each type of sweatshirt? 2. What is the optimal mix of sweatshirt? 3. What is the total contribution margin eamed for the optimal max Step by Step Solution
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