Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Selling price Product B $320 $200 $300 Variable expenses Direct materials Other variable expenses 18 122 72 120 27 198 Total variable expenses 140 192 225 Contribution margin $ 60 $128 $ 75 Contribution margin ratio 30% 40% 25% The same raw material is used in all three products. Barlow Company has only 4 100 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 $9 per pound Required: 1. Compute the amount of contribution margin that will be obtained per pound of material used in each product Required: 1. Compute the amount of contribution margin that will be obtained per pound of material used in each product Contribution margin per unit Direct material cost per unit Direct material cost per pound Pounds of material required per unit Contribution margin per pound 2a Compute the amount of contribution margin on each product A B C Contribution margin per pound Pounds of material available Total contribution margin