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There is unlimited demand for both of Richard Potter's products, but Peter has limited time and kiln capacity. Thus, Richard Potter can produce and sell
There is unlimited demand for both of Richard Potter's products, but Peter has limited time and kiln capacity. Thus, Richard Potter can produce and sell only one of the following two products: The mugs sell for $26 each and have a variable cost of $14. The bowls sell for $32 and have a variable cost of $14. The company's kiln capacity is 3220 hours. If Richard Potter sells the more profitable product, what is the total contribution margin generated? $41860$7245$7728$14973
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