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Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows:   Product Selling Price per Unit Variable Cost per Unit Fixed Cost per Unit DL Hours per Unit A $ 4.00   $ 1.00   $ 2.00   2   B $ 3.50   $ 0.50   $ 2.00   2   C $ 6.00   $ 2.00   $ 3.00   3       The objective function for a linear program to maximize contribution margin from the set of three products is:   Multiple Choice   Z = $3A + $2.50B + $5C.   Z = A + B + C.   Z = A + $0.50B + $2C.   Z = $3A + $3B + $4C.   Z = $4A + $3.50B + $6C.

Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows:   Product Selling Price per Unit Variable Cost per Unit Fixed Cost per Unit DL Hours per Unit A $ 4.00   $ 1.00   $ 2.00   2   B $ 3.50   $ 0.50   $ 2.00   2   C $ 6.00   $ 2.00   $ 3.00   3       The objective function for a linear program to maximize contribution margin from the set of three products is:   Multiple Choice   Z = $3A + $2.50B + $5C.   Z = A + B + C.   Z = A + $0.50B + $2C.   Z = $3A + $3B + $4C.   Z = $4A + $3.50B + $6C.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows:

 

Product Selling Price per Unit Variable Cost per Unit Fixed Cost
per Unit		 DL Hours
per Unit
A $ 4.00   $ 1.00   $ 2.00   2  
B $ 3.50   $ 0.50   $ 2.00   2  
C $ 6.00   $ 2.00   $ 3.00   3  
 

 

The objective function for a linear program to maximize contribution margin from the set of three products is:

 

Multiple Choice
  •  

    Z = $3A + $2.50B + $5C.

  •  

    Z = A + B + C.

  •  

    Z = A + $0.50B + $2C.

  •  

    Z = $3A + $3B + $4C.

  •  

    Z = $4A + $3.50B + $6C.

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