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Lie Around Furniture manufactures two? products: Couches and Beds. The following data are? available: Couches Beds Sales...

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Finance

Lie Around Furniture manufactures two? products: Couches andBeds.

The following data are? available: Couches Beds Sales price $510.00 $ 710.00 Variable costs $ 370.00 $ 395.00

The company can manufacture 3 couches per machine hour and 2 bedper machine hour. The? company's production capacity is 2 100machine hours per month. To maximize? profits, what product and howmany units should the company produce in a? month?

Answer & Explanation Solved by verified expert
4.4 Ratings (780 Votes)
4200 units of Beds will be produced The companys production capacity is 2 100 machine hours per month It means machine hours is limited to the    See Answer
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Lie Around Furniture manufactures two? products: Couches andBeds.The following data are? available: Couches Beds Sales price $510.00 $ 710.00 Variable costs $ 370.00 $ 395.00The company can manufacture 3 couches per machine hour and 2 bedper machine hour. The? company's production capacity is 2 100machine hours per month. To maximize? profits, what product and howmany units should the company produce in a? month?

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