3 The following are the selling price, Variable costs, and contribution margin for one unit...

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3 The following are the selling price, Variable costs, and contribution margin for one unit of each of Banner Company's three products: A B. and 10 Product points $110.00 5550.00 $170.00 Selling price Variable costs Direct materials Direct labour Variable manufacturing overhead Total variable cost Contribution marcin Contribution margin ratio 19.50 6.00 1.50 27.00 $33.00 103 2.50 20.00 5.00 97.50 117.50 3.00 2.00 127.50 142.50 ce Due to a strike in the plant of one of its competitors, demand for the company's products for exceeds its capacity to produce Management is trying to determine which products to concentrate on next week in filling its backlog of orders. The direct labour rate 54 per hour, and only 3,290 hours of labour time are available each week. Required 1. Compute the amount of contribution maroin that will be obtained per hour cit lobour time spent on each product (Round your Intermediate calculations to 1 decimal place. Round your answers to 2 decimal places.) Contribution margin per labour hour 3 Contribution morgen per labour 10 Doint oo 2. Which orders would you recommend that the company work on next week--the orders for product A product B. or product C? Product A Products Produc 3. By paying overtime wages more than 3.290 hours of direct tabour 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 intermediate calculations, Round your answer to 2 decimal places.) per hour

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