The following are the selling price, variable costs, and contribution margin for one unit of each of Banner Companys three products: A B, and C: Selling price $60 s90 $80 Variable costs: Direct materials Direct labour 27 14 32 40 16 Total variable cost 42 54 60 Contribution margin $18 36 $20 ontribution margin ratio 301 40% 258 Due to a strike in the plant of one of its competitors, demand for the company's products far exceeds its capacity to produce. Management is trying to determine which product(s) to concentrate on next week in filing its backlog of orders. The direct labour rate is $8 per hour, and only 3,000 hours of labour time are available each week Due to a strike in the plant of one of its competitors, demand for the company's products far exceeds its capacity to produce. Management is trying to determine which product(s) to concentrate on next week in filling its backlog of orders. The direct labour rate is $8 per hour, and only 3,000 hours of labour time are available each week. Required 1. Compute the amount of contribution margin that will be obtained per hour of labour time spent on each product. (Round your intermediate calculations to 1 decimal place. Contribution margin per labour hour 36 S 20 2. Which orders would you recommend that the company work on next week-the orders for product A, product B, or product C? O Product A Product B Product C wanes more than 3 000 hours of dirert lahour time ran he made available next week UUn to how much should t 3. Rv naving overtime Prev 5 of 10 Next > Check m Contribution margin per labour hour 18 20 you recommend that the company work on next week-the orders for product A, product B, or product C? O ProductA ces Product O Product C 3. By paying overtime wages, more than 3,000 hours of direct labour time can be made available next week Up to how much should the company be willing to pay per hour in overtime wages as long as there is unfilled demand for the three products? (Do not round intermedinte calculetions ) 8 per hour