consider the following production and cost data for two products, x and y. product x product y sales price per unit.......................................... $57 $40 direct materials cost per unit………………….. $18 $9 direct labor cost per unit.................................. $15 $11 variable overhead per unit............................... $3 $2 contribution margin per unit (computed with above) $21 $18 machine-hours needed per unit....................... 3 hours 2 hours monthly demand.............................................. 8,000 units 8,000 units this content is copyrighted the manufacturer normally has 45,000 available machine hours each month. however, due to unexpected regulatory changes, only 15,000 machine hours will be available in january. 1. which product should be produced in january (x or y) to maximize the company's net income for that month? 2. what is the largest possible total contribution margin that can be realized in january?