30. EGG Company produces three products A, B, C. A machine is used to produce the products. The contribution margin, sales demands and time of the machine (in minutes) are as follows: DEMAND CM MACHINE TIME Product A 1, 000 P20 10 Product B 800 18 5 Product C 1, 500 25 10 There are 400 hours available on the machine during the week. How many units should be produced and sold to maximize the weekly contribution margin? A B а. 1, 000 800 1, 500 b. 500 800 1, 500 C. 900 1, 500 d. 1, 000 800 1,000

Tomball Co. manufactures two chair models, Standard and Premium. Weekly demand is estimated to be 150 units of the Standard Model, 100 units of the Premium Model, and 75 units of the Deluxe Model. Only 650 machine hours are available per week. The following per unit data apply: Standard Premium Deluxe Maximum demand (in units) 150 100 75 Current production (in units) 100 50 50 Contribution margin per unit $16 $24 $35 Number of machine hours required 2 4 5 Required: Please answer all the following questions, and show your works and computations to get full credits. 1. What is the contribution margin per machine hour for each model? b. What is the total contribution margin at the current level of production for each model? c. Given maximum capacity of 650 machine hours, how many machine hours would you recommend of each model to maximize weekly production profits? How many units of each model? d. If there is no limit for machine hours available per week (instead of only 650 machine hour…

Consider the following production and cost data for two products, L and C: Product L Product C Contribution margin per unit Machine minutes needed per unit $120 10 minutes $112 8 minutes A total of 60,000 machine minutes are available each period and there is unlimited demand for each product. What is the largest possible total contribution margin that can be realized each period? Multiple Choice $840,000 $780,000 $720,000

Bob's company produces 3 products with the following information     Product SmallMedium Large Selling price per unit$17$19$26variable cost per unit $8$10$12machine hours per unit (mh/unit)234     the bob company has a limit of 14,300 machine hour available per month and a monthly fixed cost of $50,000. the demand for each product is 2,500 units per month. the company's goal is to maximize its profitability. suppose the bob's company can rent a machine that will provide an additional 1,390 machine hours per month.   what is the maximum monthly rent the bob's company should be willing to pay for this machine (assuming they have made optimal use of their own machine)