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Colt Company produces two skateboard models: Machine time per unit for Hero is two hours...

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Accounting

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Colt Company produces two skateboard models: Machine time per unit for Hero is two hours and for Flip is one hour. The machine's capacity is 1,960 hours per year, Colt can sell up to 716 units of Hero and 828 units of Flip per year. Selling prices and variable costs follow. (a) Compute the contribution margin per machine hour for each product

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