13) The managers at Wicker Basket Manufacturing Mart need to determine the contribution margin per machine-hour and the contribution margin per machine-hour to determine the product that maximizes the...

13) The managers at Wicker Basket Manufacturing Mart need to determine the contribution margin per machine-hour and the contribution margin per machine-hour to determine the product that maximizes the total contribution margin, and to determine which product to produce and sell.

Standard BasketDeluxe Basket

Contribution margin per unit$270$260

Machine-hours required to produce one unit23.5

Contribution margin per machine-hour??

Total contribution margin for 200 machine hours

Required

Compute the contribution margin per machine-hour and the total contribution margin for 200machine hours. Which basket earns the highest contribution margin? Which product maximizes total contribution margin?