How much contribution margin would the company expect

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Bush Manufacturing has 31,000 labor hours available for producing M and N. Consider the following information:

                                                            Product M           Product N

Required labor time per unit (hours)         2                   3

Maximum demand (units)                    6,500              8,000

Contribution margin per unit                  $5.00               $5.70

Problem 1: If Bush follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate?

Reference no: EM132769305

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