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Based on the information below: What is the optimal product mix(how many M and N should be produced)? Explain your answer and show computations.
Bush Manufacturing has the following labor hours available for producing M and N: 26,000 Total labor hours available
Consider the following information:
M N
Required labor per unit in hours: 3 2
Maximum demand in units: 8,000 7,000
Contribution Margin per unit: 9 8
Answer & Explanation
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