limited resources assume fender produces only three guitars: the stratocaster, telecaster, and jaguar. a limitation of 960 labor hours per week prevents fender from meeting the sales demand for these products. product information is as follows: stratocaster telecaster jaguar unit selling price $1,200 $900 $1,400 unit variable costs (630) (450) (850) unit contribution margin $570 $450 $550 labor hours per unit 15 10 20 required determine the weekly contribution from each product when total labor hours are allocated to the product with the highest. 1. unit selling price. 2. unit contribution margin. 3. contribution per labor hour. (hint: each situation is independent of the others.) highest unit selling price highest contribution per unit highest contribution per labor hour answer answer answer labor hours available answer answer answer labor hours per unit answer answer answer weekly production answer answer answer unit contribution margin answer answer answer weekly contribution answer answer answer determine the opportunity cost the company will incur if management requires the weekly production of 15 jaguars. hint: you want to maximize short-run profit. think about which guitar is most profitable. $answer check previoussave answersnext