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Greg%u2019s Breads can produce and sell only one of the following two products: Oven Hours Required Contribution Margin Per Unit Muffins 0.2 $3 Coffee Cakes

Greg%u2019s Breads can produce and sell only one of the following two products:

Oven Hours Required Contribution Margin Per Unit
Muffins 0.2 $3
Coffee Cakes 0.3 $4
The company has oven capacity of 1,200 hours. How much will contribution margin be if it produces only the most profitable product?

a. $18000

b.$16000

c. $24000

d. $12000

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