Colt Company produces two skateboard models. Machine time per unit for Hero is two hours and for Flip is one hour. The machine's capacity is 1,980 hours per year. Colt can sell up to 728 units of Hero and 824 units of Flip per year. Selling prices and variable costs follow. Selling price per unit Variable costs per unit Selling price per unit Variable costs per unit Него $ 156 52 (a) Compute the contribution margin per machine hour for each product Hero Contribution margin per unit Machine hours per unit Flip $98 56 $ $ 156 $ 52 104 $ Flip 98 56 42

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies wh…