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Chip Corporation produces three products, with costs and selling prices as follows: Selling price per...

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Accounting

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Chip Corporation produces three products, with costs and selling prices as follows: Selling price per unit Variable costs per unit Contribution margin per unit Model A2 $ 40.00 100% $ 18.00 45% $ 22.00 55% Model D4 $ 30.00 100% $ 12.00 40% $ 18.00 60% Model C6 $ 50.00 100% $36.00 72% S 14.00 28% Each product requires a certain number of minutes on the drill press. There is only one drill press available at Chip's production facility. Model A2 requires 2 minutes of drill press time, Model D4 requires 6 minute of drill press time, and Model C6 requires 1 minutes of drill press time. Required In what order should Chip Corporation emphasize its products to maximize its contribution margin? Show calculations

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