Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respecti

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answerhappygod
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Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respecti

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Connolly Company produces two types of lamps, classic and fancy,with unit contribution margins of $13 and $21, respectively. Eachlamp must spend time on a special machine. The firm owns fourmachines that together provide 18,000 hours of machine time peryear. The classic lamp requires 0.20 hours of machine time, thefancy lamp requires 0.50 hours of machine time.

What is the total contribution margin of the optimal mix ofclassic and fancy lamps?
$1,280,000
$1,170,000
$1,000,000
$90,000
$950,000
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