X company produces 2 products: product a and product b

The selling price for product a = $43 per unit

selling price for product b = $48 per unit

The variable costs for product a = $20 per unit

variable costs for product b = $25 per unit

The fixed costs for product a = $5 per unit

fixed costs for product b = $6 per unit

both products use 2 types of labor, from separate pools of employees: pool 1 and pool 2

pool 1 labor has 12,000 hours available. pool 2 labor has 25,000 hours available.

product a uses 0.75 hours of pool 1 labor AND 1.2 hours of pool 2 labor.

product b uses 1.25 hours of pool 1 labor AND 2.2 hours pools 2 labor.

REQUIRED: which of the 2 types of labor (pool 1 labor v. pool 2 labor) is the most contrained resource? show work

REQUIRED: X company would prefer to produce 1 of the products more than the other, which should the chose? Explain.

REQUIRED: what is the contribution margin per most constrained resource unit of the product the firm prefers? show work