CH 7 Exercises i Saved 7 Cordova manufactures three types of stained glass window, cleverly named Products A, B, and C. Information about these products follows: 1 points Sales price Variable costs per unit Fixed costs per unit Required number of labor hours Product A $40.00 21.50 8.00 1.25 Product B $50.00 21.00 8.00 2.ca Product C $80.00 41.50 8.00 2.50 eBook Cordova currently is limited to 45,000 labor hours per month. Hint Required: Assuming an infinite demand for each of Cordova's products, determine contribution margin per direct labor hour. (Round your answers to 2 decimal places.) References Contribution Margin Product A CM per DL hour Product B CM per DL hour Product C CM per DL hour Which product would be Cordova's first choice to produce? O Product B O Product O Product A