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Mars Company manufactures and sells three products. Relevant per unit data concerning each product are given below: Product A Selling price $8 $12 $16 Variable
Mars Company manufactures and sells three products. Relevant per unit data concerning each product are given below: Product A Selling price $8 $12 $16 Variable costs and expenses $5 $10 $13 Machine hours to produce 1 Compute the contribution margin per unit of limited resource (machine hours) for each product. (Round contribution margin per unit to 2 decimal places, e.g. 1.25.) Product A Product B Product C Contribution margin per unit of limited resource $ $ LINK TO TEXT Assuming 3,000 additional machine hours are available, which product should be manufactured? Assuming 3,000 additional machine hours are available, which product should be manufactured? LINK TO TEXT What is the total contribution margin if the hours are entirely to the product identified above. (1) divided equally amoung the products and (2) if they are allocated Total contribution margin (1) Divided equally amoung the products (2) Allocated entirely to the product identified above Click if you would like to Show Work for this question: Open Show Work
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