1 The following are the selling price, variable costs, and contribution margin for one unit of each of Banner Company's three products: A, B, and C: 10 points A Product B C Selling price $60 $ 90 $80 Skipped Variable costs: Direct materials 27 14 40 Direct labour 12 32 16 Book Variable manufacturing overhead 3 8 4 Total variable cost. 42 54 60 Print Contribution margin $18 Contribution margin ratio 30% $ 36 40% $20 25% References Due to a strike in the plant of one of its competitors, demand for the company's products far exceeds its capacity to produce. Management is trying to determine which product(s) to concentrate on next week in filling its backlog of orders. The direct labour rate Is $8 per hour, and only 3,000 hours of labour time are available each week. Required: 1. Compute the amount of contribution margin that will be obtained per hour of labour time spent on each product. (Round your intermediate calculations to 1 decimal place.) Contribution margin per labour hour A B C Check my work