Chip Company produces three products, Kin, Ike, and Bix. Each product uses the same direct material. Kin uses $4\mathrm{.}3$ pounds of the

material, Ike uses $3\mathrm{.}4$ pounds of the material, and Bix uses $5\mathrm{.}3$ pounds of the material. Selling price per unit and variable costs per

unit of each product follow.

$($a$)$ Compute contribution margin per pound of material for each product. $($b$)$ If demand is limited$,$ list the three products in the

order in which management should produce and meet demand.