Blossom Co. is considering the introduction of three new products. Per unit sales and cost...
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Blossom Co. is considering the introduction of three new products. Per unit sales and cost information are as follows: B C $ 3.00 $ 6.00 $ 13.00 $ 1.20 $ 3.40 $ 6.00 Sales Variable costs Fixed costs Labor hours per unit Monthly demand in units $ 0.50 $ 1.00 $ 3.50 0.75 hours 1.25 hours 2.00 hours 800 650 250 The company has only 1.700 direct labor hours available to commit to production of any new products. How many of each product should Blossom Co. produce and sell to maximize its profit? (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, es. 5,275.) B
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