Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SHoW Me How Calculator Print Item Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint Comfy Fit Company manufactures two types
SHoW Me How Calculator Print Item Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint Comfy Fit Company manufactures two types of university sweatshirts, the Swoop and the Rufus, with unt contribution margins of s5 and $15, respectively. Regardless of type, logo. The firm leases seven machines that each provides 1,000 hours of machine time per year. E minutes of machine time, and each Rufus sweatshirt requires 30 minutes of machine time. each sweatshirt must be fed through a stitching machine to affix the appropriate university ach Swoop sweatshirt requires 6 Assume that a maximum of 50,880 units of each sweatshirt can be sold. Required If required, round your answers to the nearest whole number. 1. What is the contribution margin per hour of machine time for each type of sweatshirt? Contribution Margin Swoop Rufus 2. What is the optimal mix of sweatshirt? Optimal Mix units Swoop Rufus 3. what is the total contribution margin earned for the optimal mix? units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started