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Packard Company manufactures two tables, Small and Large. The following data is available: Small Large Selling...

Packard Company manufactures two tables, Small and Large.

The following data is available: Small Large

Selling price per unit $135 $260

Variable cost per unit $95 $160

Machine hours required 3 10

Total fixed costs $40,500 Ring Company can sell a maximum of 1,600 units of each size of table. Machine hour capacity is 12,500 hours per year.

Required:

How many units of Small and Large should be made by Packard Company to earn the maximum profit and what is the maximum income?

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