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Newton Manufacturing na 85,000 labor hours available for producing Mand N. Consider the following information Product Product Required labor time per unit (hours) Maximum demand
Newton Manufacturing na 85,000 labor hours available for producing Mand N. Consider the following information Product Product Required labor time per unit (hours) Maximum demand (units) Contribution margin per unit Contribution margin per labor hour 6,000 $11.00 $ 2.20 9.500 11.40 1.90 If Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate
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