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3. By paying overtime wages, more than 3,040 hours of direct labour time can be made available next week. Up to how much should the

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3. By paying overtime wages, more than 3,040 hours of direct labour time can be made available next week. Up to how much should the company be willing to pay per hour in overtime wages as long as there is unfilled demand for the three products? (Do not roundThe 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: Product A B I: Selling price $90.00 $190.00 $110.00 Variable costs: Direct materials 4n_5 150.70 62.60 Direct labour 15.00 9.00 12.00 Variable manufacturing overhead 3 . 00 1 . 30 2 . 40 Total variable cost 53.50 161.50 71.00 Contribution margin $31.50 5 20.50 $ 33.00 Contribution margin ratio 35% 15% 30% Due to a strike in the plant of one ofits 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 lling its backlog of orders. The direct labour rate is $6 per hour, and only 3,040 hours of labour time are available each week

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