Flexmatrixs deals with different types of iron rods which has 6,900 machine hours available each month. Product 1 Product 2 Product 3 Contribution margin per unit 17.30 20.30 9.8 Machine hours per unit 4.00 3.00 2.00 The market demand is limited to 2,850 units of each of the three products. What is the maximum possible contribution margin that the company could make in any month?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 1PA: A company sells small motors as a component part to automobiles. The Model 101 motor sells for $850...
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Flexmatrixs deals with different types of iron rods which has 6,900 machine hours available each
month.
Product 1 Product 2 Product 3
Contribution margin per unit
17.30
20.30
9.8
Machine hours per unit
4.00
3.00
2.00
The market demand is limited to 2,850 units of each of the three products. What is the maximum
possible contribution margin that the company could make in any month?
Transcribed Image Text:Flexmatrixs deals with different types of iron rods which has 6,900 machine hours available each month. Product 1 Product 2 Product 3 Contribution margin per unit 17.30 20.30 9.8 Machine hours per unit 4.00 3.00 2.00 The market demand is limited to 2,850 units of each of the three products. What is the maximum possible contribution margin that the company could make in any month?
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