Short Inc Has 5,200 Machine Hours Available Each Month Required:
A

Essay

Short Inc has 5,200 machine hours available each month.The following information on the company's three products is available:
$$\begin{array} { | l | r | r | r | } \hline & \text { Product } & \text { Product } & \text { Product } \\& \mathbf { 1 } & \mathbf { 2 } & \mathbf {3} \\\hline \begin{array} { l } \text { Contribution margin per } \\\text { unit }\end{array} & 345.00 & \$ 54.00 & \$ 22.50 \\\hline \text { Machine hours per unit } &\mathbf { 3 } & \mathbf { 2 } & \mathbf {1}\\\hline \text { Sales demand in units } & 900 & 1,000 & 3,000 \\\hline\end{array}$$

Required:
a.What production schedule will maximize the company's profits?
b.What will be the maximum possible contribution margin?