The Gant Company produces three items in its manufacturing plant. The plant has a total capacity of 9,600 minutes per month for production. The following information is provided for the products:

Products

XYZ

Direct material$16$10$14

Direct labor (all variable)15 14 15

Variable overhead 2 3 4

Fixed overhead202330

Unit cost $53$50$63

Minutes required per unit 5 4 6

Selling price per unit 70 65 80

Variable selling expense per unit 5 4 2

Monthly demand in units 2,2001,000800

Required:

1. How many minutes would be required to meet the demand for all three products?

2. How many units of each product should Gant produce to maximize profit? Show your calculations!