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Thomas Corporation produces the following products, and has limited labor - only 3,030 hours are available. Please see below for the information on the products:
Thomas Corporation produces the following products, and has limited labor - only 3,030 hours are available. Please see below for the information on the products: Unit Price Unit Variable cost DL hours per unit Product $54.00 $42.00 1.9 Product B $40.00 $13.00 3.3 Product C $54.00 $33.00 2.3 a. The contribution margin per unit for each product is L? Contribution Margin per Unit Product A Product B Product C b. The contribution margin per DL hour for each product is ? (Round the answers to 2 decimal places.) Contribution Margin per Direct Labor Hour Product A Product B Product C c. With unlimited demand for all three products, Thomas should produce O Product A O Product B Product
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