Question Content AreaSantorino Company produces two models of a component, Model K$-3$ and Model P$-4.$ The unit contribution margin for Model K$-3$ is $$6$; the unit contribution margin for Model P$-4$ is $$14.$ Each model must spend time on a special machine. The firm owns two machines that together provide $4,000$ hours of machine time per year. Model K$-3$ requires $15$ minutes of machine time; Model P$-4$ requires $30$ minutes of machine time.

What is the contribution margin per unit of scarce resource $($machine time$)$ for Model P$-4?$

a$.$ $$28$

b$.$ $$6$

c$.$ $$14$

d$.$ $$12$

e$.$ $$24$