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please correct my answer, thanks The following are the selling price, variable costs, and contribution margin for one unit of each of Banner Company's three

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The following are the selling price, variable costs, and contribution margin for one unit of each of Banner Company's three products A, B, and C Product Selling price A $60 B $ 90 C $80 Variable costs: Direct materials Direct labour Variable manufacturing overhead 27 12 3 14 32 8 40 16 4 Total variable cost 42 54 60 Contribution margin $18 5 36 $20 Contribution margin ratio 30% 40x 25% Due to a strike in the plant of one of its competitors, demand for the company's products far exceeds its capacity to produce Management is trying to determine which product(s) to concentrate on next week in filling its backlog of orders. The direct labour rate is $8 per hour, and only 3,000 hours of labour time are available each week. Required: 1. Compute the amount of contribution margin that will be obtained per hour of labour time spent on each product. (Round your intermediate calculations to 1 decimal place.) Answer is not complete. A B Contribution margin per labour hour $ 18 % s 36

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