Barlow Company manufactures three productsA, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product C $150 $ 240$ 200 24 Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio 12 108 120 $ 30 208 152 176 120 168 $ 72 30% $ 24 12% The same raw material is used in all three products. Barlow Company has only 5,400 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 $12 per pound. 3. Assuming that Barlow's estimated customer demand is 600 units per product line, what is the maximum contribution margin the company can earn when using the 5,400 pounds of raw material on hand? Benoit Company produces three productsA, B, and C. Data concerning the three products follow (per unit): Product $92.00 $66.00 $82.00 Selling price variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio 27.60 18.00 12.00 27.60 31.50 45.40 55.20 49.50 57.40 $36.80 $16.50 $24.60 408 258 308 The company estimates that it can sell 950 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 6,100 pounds available each month. 3. What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 6,100 pounds of materials