Your company produces three different products. The data for the three products is shown below.
Raw materials | Packaging | Overhead (facility, equipment, salaries, shipping, etc.) | Production capacity | Sells for | |
Product A | $15 per product | $2 per product | $4 per product | 5 per hour | $80 each |
Product B | $8 per product | $6 per product | $4 per product | 9 per hour | $40 each |
Product C | $20 per product | $2 per product | $4 per product | 3 per hour | $100 each |
Your company is cutting back and wants to stop making the least profitable product. Which should be dropped?