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Use the following information for the next 3 questions. Jones Manufacturing has 100,000 labor hours available for producing Product X and Y. Consider the following
Use the following information for the next 3 questions. Jones Manufacturing has 100,000 labor hours available for producing Product X and Y. Consider the following information: Product X Product Y 10 Required labor time per unit (hours) Maximum demand (units) Contribution margin per unit 10,000 10,000 $20.00 $15.00 21. How many units of Product X should Jones produce? 22. How many units of Product Y should Jones produce? 23. What is the contribution margin the company expects to generate
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