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Rose Company produces three different types of articfical roses, and is currently facing a labor shortage - only 3,000 hours are available this month. The
Rose Company produces three different types of articfical roses, and is currently facing a labor shortage - only 3,000 hours are available this month. The selling price, costs, labor requirements, and demand of the three products are as follows: Selling price Variable cost per unit Direct labor hours per unit Demand Product A - Product B - Product C Red Rose White Rose Pink Rose $50.00 $30.00 $40.00 $35.00 $10.00 $30.00 1.5 3 2 1,000 2,000 500 a. In what order should Rose Company prioritize production of their roses? A,B,C B,A,C B,C,A C,A,B b. How many of each product should be sold during the labor shortage to maximize profit? (Leave no cells blank - be certain to enter "O" wherever required. Round your answer to the nearest whole number.) Number of products Product A Product B Product C c. What is the total contribution margin if ABC prioritizes production according to its limited resources? (Round your intermediate calculations to the nearest whole number and final answer to the nearest dollar amount.) Total Contribution Margin
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