TB MC Qu. 14-77 Newton Manufacturing has... Newton Manufacturing has 36.000 labor hours available for producing M and N. Consider the following information: Product M Product N Required labor time per unit (hours) 2 Maximum demand (units) 6, 100 8, 600 Contribution margin per unit $ 9.00 $ 9.30 Contribution margin per labor hour $ 4.50 $ 3.10 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 O $54,150. O $125.880. O $128.680. O $134,880. O None of the answers Is correct.TB MC Qu. 16-91 In 6 years, Hopkins Company... In 6 years, Hopkins Company plans to receive $10,600 cash from the sale of a machine that has a $5,400 book value. FV of $1 at FV of an ordinary PV of $1 at PV of an ordinary Year 8% annuity at 8% 8% annuity at 8% 1.080 1.000 0.926 0.926 1.166 2.086 0.857 1.783 1. 260 3.246 0.794 2.577 1.360 4.506 0.735 3.312 1.469 5.867 0. 681 3.993 1.587 7.336 0. 630 4.623 If the firm is subject to a 30% income tax rate and has a(n) 8% after-tax hurdle rate, the correct discounted net cash flow would be: Multiple Choice O $12160. O $5,695. O $7.665. O $9.040. O None of the other answers Is correct