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Decision making #3-Use of Limited Resources-Singe Constraint Bush Manufacturing has the following labor hours available...

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Accounting

Decision making #3-Use of Limited Resources-Singe Constraint Bush Manufacturing has the following labor hours available for producing M and N: 26,000 Total Direct 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 Required: What is the optimal product mix(how many M and N should be produced)? Explain your answer and show computations.

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