ACC-650 FINAL EXAM Question 16 Oriole Industries manufactures chairs and tables that are in high...
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ACC-650 FINAL EXAM Question 16 Oriole Industries manufactures chairs and tables that are in high demand by local office furniture stores. Following is information for each of these products:
Chairs Tables Selling price per item $66.00 $80.00 Variable cost per item 55.00 63.00 Contribution margin per item $11.00 $17.00 Machine hours per item 1.60 1.60
Oriole has 936 machine hours available each month. The demand for chairs is 600 units per month and the demand for tables is 380 units per month. If Oriole allocates its production capacity between the chairs and tables so that it maximizes the company's contribution margin, what will the total contribution margin be?
Select answer from the options below $9945
$6435
$13060
$8715
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