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

materlal, Ike uses $2\mathrm{.}2$ pounds of the materlal, and BIx uses $5\mathrm{.}9$ pounds of the materlal. Selling price per unit and varlable costs per unlt

of each product follow.

$($a$)$ Compute contribution margin per pound of materlal for each product.

$($b$)$ If demand Is limited$,$ Ilst the three products in the order in which management should produce and meet demand.