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Suppose that Fender produces only three guitars: Stratocaster, Telecaster, and Jaguar.A limitation of 960 work hours per week prevents Fender from meeting the sales demand

Suppose that Fender produces only three guitars: Stratocaster, Telecaster, and Jaguar. A limitation of 960 work hours per week prevents Fender from meeting the sales demand for these products. The product information is as follows:

StratocasterTelecasterJaguar
unit sale price$1,200$900$1,400
Unit Variable Costs(630)(450)(850)
Unit contribution margin$570$450$550
Labor hours per unit151020

Required
Determine the weekly contribution for each product when the total labor hours are assigned to the product with the largest.
1. Unit sale price.
2. Unit contribution margin.
3. Contribution per hour of work.

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