6 - 16 Test Bank for Managerial Accounting, Seventh Edition 79. Greg's Breads can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Uns Muffins 0.2 Coffee Cakes 0.3 The company has oven capacity of 1,500 hours. How much will contribution margin be if it produces only the most profitable product? a $15,000 b. $20,000 C $22.500 d. $30,000 am 10 pontosan n 2. Monte AOPA R aty Sadar Perspective, NCPAIN Suurement OPARO Use the following information for questions 114-118. Nielson Corp. sells its product for $6,600 per unit. Variable costs per unit are: manufacturing. $3,600, and selling and administrative, $75. Fixed costs are: $18,000 manufacturing overhead, and $24,000 selling and administrative. There was no beginning inventory at 1/1/15. Production was 20 units per year in 2015-2017. Sales were 20 units in 2015, 16 units in 2016, and 24 units in 2017 *114. Income under absorption costing for 2016 is a. $4,800. b. $8,400. C. $9,600. d. $13,200. Ans: b. LO: 5 Bom AP D uty: Medium Mi AACSR Analyti AICPA PR Dat a AICPA END