Omega Company reported the following information for the company's two products: Assume that 75.000 machine hours are available; product X takes 4 machine hours to produce, and product Y takes 2 machine hours to produce. The company can sell all it can make of either product Which of the following statements Is true? Product Y should be produced because more of it can be produced. Product Y should be produced because it will produce greater total profit. Product X should be produced because it provides a greater contribution margin. Both products provide the same total profit