Which product is most profitable per kilogram of material

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Problem

Colby Company produces three products: Product A, Product B, and Product C. Data concerning these three products follow (per unit): 10 11 12 13 14 15 16 17 18 19 20 21 22 Demand for the company's products is very strong, with far more orders each month than the company can produce with the available raw materials. The same material is used in each product. The material costs $3 per kilogram, with a maximum of 15,000 kilograms available each month. 23 24 25 26 27 28 29 30

Task

A. Which product is the most profitable per kilogram of material?

B. How much material would be required to satisfy demand for all 3 products? Get the instant assignment help.

C. How much of each product should be produced (to the nearest whole unit) to maximize operating income?

D. What is the projected contribution margin for Colby at using the optimal production plan above?

Reference no: EM133920555

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