P2. (Optimal use of the constrained resource) Coyote Company produces two products, and selected data are shown below:
Product A:
Selling price/unit: $75
Variable cost/unit: $39
Current demand/week (units): 2,000
Processing time required on the cutting machine/unit: 3 min
Product B:
Selling price/unit: $50
Variable cost/unit: $30
Current demand/week (units): 2,000
Processing time required on the cutting machine/unit: 1 min
The cutting machine is a constrained resource and is being used at 100% of its capacity, 3,500 minutes.
Instructions: How many units of Product A and Product B should be made to maximize the contribution margin?