Question 17 of 45 -/3 lii View Policies Current Attempt in Progress Sheridan Industries manufactures chairs and tables that are in high demand by local office furniture stores. Following is information for each of these products: Chairs Tables $79.00 $93.00 Salling price per item Variable cost per item 63.00 76.00 Contribution margin per item $16.00 $17.00 Machine hours per item 1.60 1.60 Sheridan has 1032 machine hours available each month. The demand for chairs is 670 units per month and the demand for tables is 450 units per month. If Sheridan allocates its production capacity between the chairs and tables so that it maximizes the company's contribution margin, what will the total contribution margin be? O $18370 O $10770 O S10320 O $10965 Save for Later Attempts: 0 of 1 used Submit Anwer