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What is the optimal product mix

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Reference no: EM132473543

Question - Bush Manufacturing has 31,000 labor hours available for producing M and N. Consider the following information:

 

M

N

Required Labor per unit in hours

2

3

Maximum demand in units

8,000

6,000

Contribution Margin per unit

$8

$9.00

Required - What is the optimal product mix (how many M and N should be produced)? You must provide the number of units to produce for each product at the optimal product mix and explain your answer and show computations.

Reference no: EM132473543

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