A company must decide which one of the following four products to manufacture Product sale price variable cost direct labor hrs/unit --------- ---------------- -------------- ---------- M $10 $7 1.5 N 20 12 2.0 O 5 2 0.5 P 8 4 1.0 Which product will result in the highest contribution margin per hour?
- A company must decide which one of the following four products to manufacture
Product sale price variable cost direct labor hrs/unit
--------- ---------------- -------------- ----------
M $10 $7 1.5
N 20 12 2.0
O 5 2 0.5
P 8 4 1.0
Which product will result in the highest contribution margin per hour?
- M
- N
- O
- P
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