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Buchnell Manufacturing has 35,200 labor hours available for producing M and N. Consider the following information: Product M Product N Required labor time per unit

Buchnell Manufacturing has 35,200 labor hours available for producing M and N. Consider the following information:

Product M

Product N

Required labor time per unit (hours)

2

3

Maximum demand (units)

6,000

8,400

Contribution margin per unit

$ 7.00

$ 7.50

Contribution margin per labor hour

$3.50

$ 2.50

If Buchnell follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate?

Group of answer choices

$40,800.

$98,000.

$100,000.

$105,000.

None of these.

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