t Newton Manufacturing has 81,200 labor hours available for producing M and N. Consider the following information: Required labor time per unit (hours) Maximum demand (units) Product M Product N 5 6 6,200 $12.00 8,700 $12.60 Contribution margin per labor hour $ 2.40 $ 2.10 Contribution margin per unit If Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate? Multiple Choice $72,900 $179,220