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The Valor Company manufactures two products: L and M. The costs and revenues are as follows: Sales price Variable cost per unit Product L $
The Valor Company manufactures two products: L and M. The costs and revenues are as follows: Sales price Variable cost per unit Product L $ 150 90 Product M $ 112 15 68 10 Machine hours per unit Total demand for Product L is 2,000 units and for Product M is 1,000 units. Machine time is a scarce resource. During the year, 36,000 machine hours are available. Required: How many units of Products L and M should Valor produce
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