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Wimon Company produces three products with the following Information: 18 Selling price per unit Variable cost per unit Machine-hours per unit (MH/unit) 8 ARAB Product

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Wimon Company produces three products with the following Information: 18 Selling price per unit Variable cost per unit Machine-hours per unit (MH/unit) 8 ARAB Product Better $19 $10 3 Good $17 $8 2 Best $26 $12 4 The company has a limit of 14,300 machine-hours available per month and a monthly fixed cost of $38,000. The demand for each of the products is 2,500 units per month, The company's goal is to maximize its profitability Suppose the company can rent a machine that will provide an additional 1,150 machine-hours per month. Q:) What is the maximum monthly rent the company should be willing to pay for this machine (assuming they've made optimal use of their own machine)? A:)$

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