Range Rider Industries manufactures chairs and tables that are in high demand by local office furniture stores.Following is information for each of these products:
$\begin{array}{lrr}
&\underline{\text {Chairs }} & \underline{\text {Tables }} \
\text {Selling price per item} & \$ 62.00 & \$ 76.00 \
\text {Variable cost per item} & \underline{51.00} & \underline{64.00} \
\text {Contribution margin per item} &\underline{\underline{\$ 11.00}} & \underline{\underline{\$ 12.00}} \
\text {Machine hours per item} & 1.6 & 1.6
\end{array}$

Range Rider has 900 machine hours available each month.The demand for chairs is 560

Question

Range Rider Industries manufactures chairs and tables that are in high demand by local office furniture stores.Following is information for each of these products:
 $\begin{array}{lrr} 
&\underline{\text {Chairs }} & \underline{\text {Tables }} \
\text {Selling price per item} &  \$ 62.00  &  \$ 76.00  \
\text {Variable cost per item} &  \underline{51.00}  & \underline{64.00} \
\text {Contribution margin per item} &\underline{\underline{\$ 11.00}}  & \underline{\underline{\$ 12.00}}  \
\text {Machine hours per item} & 1.6 & 1.6
\end{array}$

Range Rider has 900 machine hours available each month.The demand for chairs is 560

Quizplus · Accepted Answer

The Answer of Range Rider Industries manufactures chairs and tables that are in high demand by local office furniture stores.Following is information for each of these products:
 $\begin{array}{lrr} 
&\underline{\text {Chairs }} & \underline{\text {Tables }} \
\text {Selling price per item} &  \$ 62.00  &  \$ 76.00  \
\text {Variable cost per item} &  \underline{51.00}  & \underline{64.00} \
\text {Contribution margin per item} &\underline{\underline{\$ 11.00}}  & \underline{\underline{\$ 12.00}}  \
\text {Machine hours per item} & 1.6 & 1.6
\end{array}$

Range Rider has 900 machine hours available each month.The demand for chairs is 560

Range Rider Industries Manufactures Chairs and Tables That Are in High