Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product B A $ 180 $ 270 $ 240 Selling price... Variable expenses: 24 72 32 Direct materials.. 102 90 148 Other variable expenses... 126 162 180 Total variable expenses.. $ 54 $ $ 108 $ 60 Contribution margin....... 30% 40% 25% Contribution margin ratio.... The same raw material is used in all three products. Barlow Company has only 5,000 pounds of raw material on hand and will not be able to obtain any more of it for several weeks due to a strike in its supplier's plant. Management is trying to decide which product(s) to concentrate on next week in filling its backlog of orders. The material costs $8 per pound Requirements: 1. Compute the amount of contribution margin that will be obtained per pound of material used in each product. 2. Rank the products in terms of the most profitable use of the materials