Childress Company produces three products, K1, 55, and G9. Each product uses the same type of direct material, Kt uses 47 pounds of the material 55 uses 3.6 pounds of the material, and G9 uses 67 pounds of the material. Demand for all products is strong, but only 47.900 pounds of material are available information about the selling price per unit and variable cost per unit of each product follows KI Selling price 5270.55 Variable costs 93.00 55 $110.16 691 $215.30 143.00 11.00 Required: 1. Calculate the contribution margin per pound for each of the three products (Round your answers to 2 decimal places.) Contribution margin per pound Product K1 Product S5 Product 69 Contribution margin per pound Onder in which products should be producented