Omega Company Reported the Following Information for the Company's Two

Multiple Choice

Omega Company reported the following information for the company's two products: $$\begin{array} { l c c } & \text { Product X } & \text { Product } Y \\\text { Selling price per unit } & \$ 3 5 & \$ 2 5 \\\text { Variable cost per unit } & 2 0 & 15\end{array}$$ Assume that 75,000 machine hours are available; product X takes four machine hours to produce,and product Y takes two machine hours to produce.The company can sell all it can make of either product.Which of the following statements is true?

A) Product Y should be produced because more of it can be produced.
B) Product Y should be produced because it will produce greater total profit.
C) Product X should be produced because it provides a greater contribution margin.
D) Both products provide the same total profit.