Newton Manufacturing has 31,000 labor hours available for producing M and N. Consider the following information:
If Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate?
A) $31,450.
B) $63,100.
C) $66,700.
D) $78,100.
E) None of the answers is correct.
Correct Answer:
Verified
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