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Chip Company produces three products, Kin, Ike, and Bix. Each product uses the same direct material. Kin uses 3 . 7 pounds of the material,

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Chip Company produces three products, Kin, Ike, and Bix. Each product uses the same direct material. Kin uses 3.7 pounds of the material, Ike uses 3.7 pounds of the material, and Bix uses 5.3 pounds of the material. Selling price per unit and variable costs per unit of each product follow.
1.25
\table[[,Kin,Ike,Bix],[Selling price per unit,$158.94,$125.63,$200.07
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