Farris Company reported the following information for its fwo proclucts: Due to labor constraints. demand for each of the products is greater than als supply. Product X requires one hour of labor to produce and product Y requires three hours of labor to produce. Wivich of the following statements is true? 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 Y requires three lours of labor to produce. Which of the following statements is true? Multiple Choice Product X should be produced and sold becouse a has a lower cost then Product Y Product X should be produced and sold because it provides a higher contribution margin per labor how than Product Y Product y should be produced and sold because it provided a higher contribution margin per unt than Product x Product y should be prodiced and sold because in provides more revenue than Product x