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1 pts Merry Mitten Maltsters Inc. is in the business of converting Michigan grown wheat and barley and processing it into malt for use in

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1 pts Merry Mitten Maltsters Inc. is in the business of converting Michigan grown wheat and barley and processing it into malt for use in microbreweries across the Midwest. The following financial, production, and selling information has been provided for 2016. It is assumed that everything Merry Mitten produces is sold. Tons of Production 4,835 tons Direct Materials \$206 per ton Direct Labor $43 per ton Variable Manufacturing Overhead $12 per ton Fixed Manufacturing Overhead $2,646,646 per year Variable S \& A Costs $17 per ton Fixed S \& A Costs $605,805 per year Selling Price $978 per ton On the basis of variable costing, what is the per ton contribution margin of for the Merry Mitten Maltsters for 2016? Your answer should be to the whole dollar

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