Question
q.26. A corporation has three product lines with limited demand. The firm has NO fixed costs. Below are some facts about the firm. Product 1
q.26. A corporation has three product lines with limited demand. The firm has NO fixed costs. Below are some facts about the firm.
| Product 1 | Product 2 | Product 3 | |
| Monthly demand (units) | 100 | 120 | 140 |
| Machine hours per unit | 3 | 6 | 8 |
| Price per unit | $70 | $75 | $80 |
| Variable costs per unit | $60 | $62 | $60 |
The firm can only supply 1,780 hours of machine time per month between the three product lines. What is the firm's maximum monthly profit?
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CISA Certified Information Systems Auditor
Authors: Michael Gregg, Robert Johnson
1st Edition
078975844X, 978-0789758446
