1. Assume that Widgeon produced enough product with the highest contribution margin per unit to use 1,000 hours ofmachine time. Product demand does not warrant any more production of that product. What is the maximumadditional contribution margin that can be realized by utilizing the remaining 1,000 hours on the product with thesecond highest contribution margin per hour?

a. $35,000

b. $1,400

c. $4,000

d. $28,000

14. Decisions to install new equipment, replace old equipment, and purchase or construct a new building are examples of

1. sales mix analysis
2. variable cost analysis
3. capital investment analysis
4. variable cost analysis