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What is optimal production level in number of square yards

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Boyd Wood Company makes a regular and a deluxe grade of wood floors. Regular grade is sold at $15 per square? yard, and the deluxe grade is sold at $28 per square yard. The variable cost of making the regular grade is $12 per square yard. It costs an extra $7 per square yard to make the deluxe grade. It takes 25 labor hours to make 100 square yards of the regular? grade, and 30 labor hours to make 100 square yards of the deluxe grade. There are 4,900 hours of labor time available for production each week. The maximum weekly sales for the regular and the deluxe model are 40,000 and 6,000 square? yards, respectively. Fixed production costs total $600,000 per year. All selling costs are fixed.

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Question 1: What is the optimal production level in number of square yards for each? product?

Reference no: EM132990899

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