Question: Answer all questions fully. Show calculations. If using other side of paper and/or additional sheets for additional work, remember to return images of such along

 Answer all questions fully. Show calculations. If using other side of

Answer all questions fully. Show calculations. If using other side of paper and/or additional sheets for additional work, remember to return images of such along with these 3 pages. Essay Question No. 3 Chastain Corporation produces three products, with costs and selling prices as follows: $ Selling price per unit Variable costs per unit Contribution margin per unit Product A $ 30 100% 18 60% 12 40% Product B $ 20 100% 15 75% $ 5 25% Product C 15 100% 6 40% 9 60% $ A particular machine is the bottleneck. On that machine, 3 machine hours are required to produce each unit of Product A, 1 hour is required to produce each unit of Product B, and 2 hours are required to produce each unit of Product C. Required: a. Prepare an analysis of the contribution margin per unit of the constrained resource. b. Rank the products from the most profitable to the least profitable use of the constrained resource

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