question 29

Enabled Lam Farris Company reported the following information for its two producto $55 $65 Selling price per unit Variable cost per unit Due to labor constraints, demand for each of the products is greater than its supply Product X requires one hour of labor to produce and product requires three hours of labor to produce Which of the following statements is true? Miluple Choice Product should be produced and sold because it has a lower cost thon Product 0 Product X should be produced and sold because provides a higher cont buton morgin perinbor hour than Product Product should be produced and sold because it provided a higher contribution margie per unit than Product X Product should be produced and sold because s provides more reverse than Product X