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Product Mix Decision, Single Constraint Behar Company makes three types of stainless steel frying pans. Each of the three types of pans requires the use

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Product Mix Decision, Single Constraint Behar Company makes three types of stainless steel frying pans. Each of the three types of pans requires the use of a special machine that has total operating capacity of 192,850 hours per year. Information on each of the three products is as follows: Basic Standard Deluxe $12.98 $17.02 $32.32 Selling price Unit variable cost Machine hours required $7.76 $10.88 $13.78 0.10 0.20 0.50 The marketing manager has determined that the company can sell all that it can produce of each of the three products. Required: 1. How many of each product should be sold to maximize the total contribution margin? If a product should not be produced at all, enter"" for your answer. Number of basic units : Number of standard units: Number of deluxe units: What is the contribution margin per machine hour for each of these products? If required, round your answers to the nearest cent. Basic units: per machine hour Standard units: per machine hour Deluxe units: per machine hour What is the total contribution margin for this product mix? $ 2. Suppose that Behar can sell no more than 318,000 units of each type at the prices indicated. What product mix would you recommend? Number of basic units: Number of standard units: Number of deluxe units: What would be the total contribution margin

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