Xcelerate Productions Limited manufactures and sells three different products of different qualities. They are referred to as: Normal, High, and Superior. The accounting department provides the following information on these products:

NormalHighSuperiorSelling price per unit$34.00$42.00$58.00Variable costs per unit$29.00$36.00$55.00Contribution margin per unit$5.00$6.00$3.00Machine hours required0.020.040.08

Determine the contribution margin per machine hour. (Round answers to 2 decimal places, e.g. 15.25.)

Contribution MarginNormal

$

per machine hourHigh

$

per machine hourSuperior

$

per machine hour

If the limited resource can be increased by 470 hours, calculate the maximum increase in contribution margin. Assume that Xcelerate can sell all products manufactured.

Increase in contribution margin$