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Exercise 10-11 Sales mix LO A1 Childress Company produces three products, K1, S5, and G9....

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Exercise 10-11 Sales mix LO A1 Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.7 pounds of the material, S5 uses 2.5 pounds of the material, and G9 uses 7 pounds of the material. Demand for all products is strong, but only 41100 pounds of material are available. Information about the selling price per unit and varlable cost per unit of each product follows 18 points K1 s5 G91 selling s154.72 $116.50 $219.10 Ask variable 97.00 94.00 147. costs 00 Print Required: 1. Colculate the contribution margin per pound for each of the three products. (Round your answers to 2 decimal places.) Product K1 Product S5 Product G9 Contribution margin per pound Order in which products should be produced and filled

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