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Problem 9 (10 points) Foster Corporation produces two products, Panda, P sells for $4.00 per unit: Q sells for $5.25 per unit. Variable costs for

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Problem 9 (10 points) Foster Corporation produces two products, Panda, P sells for $4.00 per unit: Q sells for $5.25 per unit. Variable costs for P and Q are respectively. $2.50 and $2.95. There are 3,600 direct labor hours per month available for producing one of the two products. Fixed manufacturing overhead is allocated at $600 per month Product P requires 3 direct labor hours and Product Q requires 4.5 direct labor hours. Compute the following: A) Contribution margin per unit for each product B) Contribution margin per direct labor hour for each product C) The total number of products produced if only that product is produced each month D) Income if only one product is produced and total production is sold

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