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Hanson Corp. produces three products, and is currently facing a labor shortage - only 3,180 hours are available this month. The selling price, costs, and
Hanson Corp. produces three products, and is currently facing a labor shortage - only 3,180 hours are available this month. The selling price, costs, and labor requirements of the three products are as follows: Selling price Variable cost per unit Direct labor hours per unit Product A $ 98.00 $ 57.00 Product B $ 70.00 $29.00 4.8 Product C $ 88.00 $ 48.00 3.4 3.8 a. What is the contribution margin per unit for each product? Contribution Margin per Unit Product A Product B Product C b. What is the contribution margin per direct labor hour for each product? (Round your answers to 2 decimal places.) Contribution Margin per Direct Labor Hour Product A Product B Product C
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