Fans Company reported the following information for its two products Selling price per unit Variable cost per unit Product X $125 75 Product $135 60 Due to labor constraints, demand for each of the products is greater than its supply Product X requires one hour of labor to produce and product requires three hours of labor to produce. Which of the following statements is true? Multiple Choice O Product X shockt be produced and sold becaine it has a lower cost tran Product Product X should be produced and sold because it provides a higher contribution margin per labor hoursan Product Product should be produced and sold because it provided a higher contribution margin per unit than Product X Product Y should be produced and sold because it provides more revenue than Product X