50. Buchnell Manufacturing has 31,000 labor hours available for producing M and N. Consider the following information: Product M Product N Required labor time per unit (hours) Maximum demand (units) 6,500 8,000 Contribution margin per unit $5.00 $5.70 Contribution margin per labor hour $2.50 $1.90 If Buchnell follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate? A. $31,450. B. $63,100. C. $66,700. D. $78,100. E. None of the other answers are correct