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Question 9 Beta incorporated is a small business that knits winter clothing Mittens, Scarves, and Hats. The firm employs 12 te Knitters to wage rate

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Question 9 Beta incorporated is a small business that knits winter clothing Mittens, Scarves, and Hats. The firm employs 12 te Knitters to wage rate of $15 per hout. The firm does not want to pay overtime, so each employee works a maximum of 40 hours per week. Beta needs to determine what to produce each week, given their limited abour supply. Further, Beta can sell at most 70 of each product cach week. Information about revenues and unit production costs for their products is provided below Mittens Scarves Hats Selling Price $64.80 $106.40 $62.90 Ovect Materials $6.00 $1100 $5.00 Direct Labour $45.00 $60.00 $3000 Variable MOH $3.00 $5.00 $2.00 Contribution Margin 510.80 $30.40 $25 90 Keeping in mind the weekly demand for Betaproducts and their limited labour supply, what is the maximum contribution margin the firm can earn in a week? 1Mmm Contributionary

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