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Cordova manufactures three types of stained glass window, cleverly named Products A, B, and C. Information about these products follows: Product A Product B Product
Cordova manufactures three types of stained glass window, cleverly named Products A, B, and C. Information about these products follows:
| Product A | Product B | Product C | ||||
| Sales price | $ | 47.00 | $ | 57.00 | $ | 87.00 |
| Variable costs per unit | 22.70 | 12.00 | 38.70 | |||
| Fixed costs per unit | 9.00 | 9.00 | 9.00 | |||
| Required number of labor hours | 1.50 | 2.50 | 3.00 | |||
Cordova currently is limited to 60,000 labor hours per month. Required: Assuming an infinite demand for each of Cordovas products, determine contribution margin per direct labor hour. (Round your answers to 2 decimal places.)
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