4) Use the following information for questions 3 and 4. 5) Myco Inc. manufactures and sells two products. Relevant per unit data concerning each product follow. 6) Product Basic Deluxe 7) Selling price $40 $48 8) Variable costs $22 $24 9) Machine hours .5 .8 10) 11) Compute the contribution margin per machine hour for each product. a) Basic $18 Deluxe $24 b) Basic $ 9 Deluxe $14.10 c) Basic $40 Deluxe $48 d) Basic $36 Deluxe $30 e) There is enough information to calculate the CM, but the correct answer is not given. 12) Assume Myco has only 1,000 machine hours per month available and unlimited demand for each of the two products. If Myco chose to onlyr produce the product that would earn the most net income, what would the total revenue be? a) $21,000 0) $74,286 b) $36,000 e) $80,000 c) $50,000