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Selling Price & Variable costs per Guitar Machine Hours per Guitar Maximum Guitar Sales per Month M Acoustic: Variable Cost: $95 Selling Price: $225 200 Guitars sales per month 2 machine hours Electric: Variable Cost: $120 65 Guitar sales per month Selling Cost: $300 3 machine hours 1. Compute contribution margin per machine hour for (a) acoustic guitars and (b) electric guitars 2. Determine the most profitable sales mix for the company. 3. Compute the month's total contribution margin for the most profitable sales mix. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the most profitable sales mic for the company. Electric Number of units produced Acoustic 88 0 1. Compute contribution margin per machine hour for (a) acoustic guitars and (b) electric guitars. 2. Determine the most profitable sales mix for the company. 3. Compute the month's total contribution margin for the most profitable sales mix Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the month's total contribution margin for the most profitable sales mix. Total contribution margin S 11.440