3. El Cheepee makes three models of its office chairs. Use the following data to determine the most profitable sales mix if demand is unlimited. Complete the chart below Product Contribution Margin Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit Standard $125 80 Luxury $300 175 Elegant $450 215 235 Professor C.M.A. McKinney 1 Exam_1: ACC 1820 Name: QUARLAND COMMUNITY COLLEGE 1.5 Chapters 10, 11, 12, 13 Labor Hours per Unit 5 hours 8 hours hours Contribution Margin per Labor Hour 30 25 29.4 Assuming market demand is unlimited no matter which model is produced, which of the three models should be produced? Standard How many of the other models should be produced? of its office chairs. Use the mix 3. El Cheepee makes three models of its office chairs. Use the following data to determine the most profitable sales mix if demand is unlimited. Complete the chart below Product Contribution Margin Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit Standard $125 80 Luxury $300 175 Elegant $450 215 235 Professor C.M.A. McKinney 1 Exam_1: ACC 1820 Name: QUARLAND COMMUNITY COLLEGE 1.5 Chapters 10, 11, 12, 13 Labor Hours per Unit 5 hours 8 hours hours Contribution Margin per Labor Hour 30 25 29.4 Assuming market demand is unlimited no matter which model is produced, which of the three models should be produced? Standard How many of the other models should be produced? of its office chairs. Use the mix