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Sheridan Manufacturing produces thermal tents and sleeping bags. The company's products are in high demand due to the quality and durability of the products. Sheridan
Sheridan Manufacturing produces thermal tents and sleeping bags. The company's products are in high demand due to the quality and durability of the products. Sheridan estimates it could sell 610 tents per month and 610 sleeping bags per month. Following is information for each of these products: Selling price per item Variable cost per item Contribution margin per item Machine hours per item Tent $75.00 $39500 O $15860 O $10985 62.00 $13.00 1.10 Sleeping Bag $50.00 37.00 $13.00 1.00 Sheridan has 869 machine hours available each month. If Sheridan allocates its production capacity between the tents and sleeping bags so that it maximizes the company's contribution margin, what will the contribution margin be? SUPPORT ED med llow Proc el a pro lla ne llc ers CO n SII C S
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