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Castor Corporation produces three products, and is currently facing a labor shortage - only 13,800...

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Accounting

Castor Corporation produces three products, and is currently facing a labor shortage - only 13,800 hours are available this month. The selling prices, costs, labor requirements, and demand of the three products are as follows:

Product A Product B Product C
Sales price $ 230.00 $ 210.00 $ 220.00
Variable cost per unit $ 161.00 $ 84.00 $ 154.00
Direct labor hours per unit 1.50 3.00 2.00
Demand (units) 4,600 9,200 2,300

What is the total contribution margin if Castor prioritizes production according to its limited resources?

Multiple Choice

$728,640

$607,200

$485,760

$1,457,280

Answer & Explanation Solved by verified expert
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