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[ The following information applies to the questions displayed below. ] Ferry Electronics produces a wide variety of video and audio systems for home entertainment.

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[The following information applies to the questions displayed below.]
Ferry Electronics produces a wide variety of video and audio systems for home entertainment. One of the Ferry plants (Lakeview) produces home theatre systems. The plant produces three models, Silver, Gold, and Platinum, which differ in the quality of the components and capability to "fill" the room with sound.
The financial team at Ferry is completing the planning for the coming quarter. Information on volumes and costs expected for the quarter follow:
\table[[,Silver,Gold,Platinum,Total],[Units produced,2,000,1,500,500,4,000],[Machine-hours,590,2,100,1,050,3,740],[Direct labor-hours,600,1,200,750,2,550],[Revenues,$583,600,$793,050,$493,350,$1,870,000
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