Question: Calculate contribution margin per machine hour for each product line. Basic: Better: Best: Please refer to the data table below Company X produces three product

Calculate contribution margin per machine hour for each product line.

Basic:

Better:

Best:

Calculate contribution margin per machine hour for each product line. Basic: Better:

Please refer to the data table below Company X produces three product lines, noted below. Considerable market demand exists for each of the product lines. Selling price unit Direct materials unit Direct labor $20 per hour Variable overhead $10 per machine hour Fixed overhead unit Basic $170 $60 $30 $10 $40 Better $190 $60 $30 $20 $40 Best $210 $60 $40 $20 $40

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