Rienzi Farms Grows Sugar Cane and Soybeans on Its 500

Multiple Choice

Rienzi Farms grows sugar cane and soybeans on its 500 acres of land. An acre of soybeans brings a $1000 contribution to overhead and profit; an acre of sugar cane has a contribution of $2000. Because of a government program no more than 300 acres may be planted in soybeans. During the planting season 1500 hours of planting time will be available. Each acre of soybeans requires 2 hours, while each acre of sugar cane requires 5 hours. The company seeks maximum contribution (profit) from its planting decision. What is the maximum profit?

A) $1,000,000
B) $700,000
C) $660,000
D) $600,000
E) $300,000