Kinnane's Fine Furniture manufactures two models, Standard and Premium. Weekly demand is estimated to be 100 units of the Standard Model and 77 units of the Premium Model. The following per unit data apply:
Contribution margin per unit | $24 | $24 |
Number of machine-hours required | 6 | 6 |
The contribution per machine-hour is ________.
◦ $24 for Standard, $24 for Premium
◦ $144 for Standard, $144 for Premium
◦ $18 for Standard, $18 for Premium
◦ $4 for Standard, $4 for Premium