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E7-15 (Algo) Making Decisions Involving Constrained Resource [LO 7-2, 7-7] Cordova manufactures three types of...

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E7-15 (Algo) Making Decisions Involving Constrained Resource [LO 7-2, 7-7] Cordova manufactures three types of stained glass window, cleverly named Products A, B, and C. Information about these products follows: Sales price Variable costs per unit Fixed costs per unit Required number of labor hours Product A $43.00 19.90 5.00 1.50 Product B $53.00 13.00 5.00 2.50 Product C $83.00 35.90 5.00 3.00 Cordova currently is limited to 45,000 labor hours per month. Required: Assuming an infinite demand for each of Cordova's products, determine contribution margin per direct labor hour (Round your answers to 2 decimal places.) Contribution Margin Product A Product B CM per DL hour CM per DL hour CM per DL hour Product C Which product would be Cordova's first choice to produce? O Product C O Product A O Product B

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