Smith Manufacturing has31,000 labor hours available for producing X and Y.Consider the following information:

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51. Smith Manufacturing has31,000 labor hours available for producing X and Y. Consider the following information: If Smith follows proper managerial accounting practices, which of the following production schedules should the company set? Product Product X X Required labor time per unit (hours) 2 3 Maximum demand (units) 8,000 7,000 Contribution margin per unit $5.00 $6.00 Product X Product Y A. 0 units 8,000 units B. 1,500 units 8,000 units C. 6,000 units 0 units D. 8,000 units 5,000 units E. 6,000 units 8,000 units