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Question two: A business Makes Three Different products of which are as flows: Product ( Code Name) B14 B17 B22 Selling Price Per Unit ()
Question two:
A business Makes Three Different products of which are as flows:
Product ( Code Name) | B14 | B17 | B22 |
Selling Price Per Unit () | 25 | 20 | 23 |
Variable Cost Per Unit() | 10 | 8 | 12 |
Weekly Demand (Units) | 25 | 20 | 30 |
Machine Time Per Unit (Hours) | 4 | 3 | 4 |
Fixed cost is not affected by the choice of product, because all three products use the same Machine.
Machine Time is Limited to 148 hours a Week.
Required:
Which Combination of Products Should Be Manufactured If the Business is to produce the highest profit?
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