$10$points$710$pointseBookReferencesPrint$7$eBookPrint$10$pointsReferences$7$eBookPrintReferencesProblem $9-6$ Utilizing a Constrained Resource $($LO$2-$ CC$7,8)($Algo$)$Soft Toys Ltd $($STL$)$ produces soft dolls. Demand for the dolls is lincreasing. and management wants you to ldentify an economical salesand production mix for the coming year. The following information Is available:Demand $($units$)$Variable costs:Direct naterialsDirect labourRequired:SoftyThe following additional information is available:FriendlyGoodyBestyLoveySoftyFriendlya. The company's plant has a capacity of $120,000$ direct labour$-$hours per year on a single$-$shift basis. The company's presentemployees and equipment can produce all five products.Goodyb. The direct labour rate is $$16$ per hour, this rate is expected to remain unchanged during the coming year.d$.$ All of the company's sales and administrative costs are fixed.Bestyc. Fixed manufacturing costs amount to S$790,000$ per year. Variable overhead costs are $$5$ per direct labour$-$hour.$|$LoveySofty$81,00$eDLH Per Unit$ $39\mathrm{.}0$e$1.$ How many Total direct labour$-$hours will be required to produce the units estimated to be sold during the coming year? Show yourcomputations. $($Round your answers to $2$ decimal places.$)$Product$|$Total hours requiredHighest price per hour$3\mathrm{.}90$additional$6\mathrm{.}40$FriendLy$67,600$$ $32\mathrm{.}0$e$?$ Adding another shift$2.$ Keeping in mind the direct labour$-$hour capacity, what should be the company's product mix for the upcoming year? Prepare aschedule in support of your recommendation. $($Round "Per Unit" to$2$ decimal places.$)7$ Expanding the workforce$3\mathrm{.}104\mathrm{.}00?$ Working overtimeDirect Labour$-$HourPer Unit? Employing additional labour force? Utlizing the unutilized capacityhoursGoody$56,700$$ $29\mathrm{.}0$ehours$5\mathrm{.}9011\mathrm{.}20$hourshourshoursBesty$64,800$$ $20\mathrm{.}00?$ Contracting out some work to outside suppliers$4,408\mathrm{.}003.$ What is the highest price, in terms ofa rate per hour, that STL would be willing to pay for additional capacity $($i$.$e$.,$ for added directlabour time$)?$Lovey$115,400$$ $25\mathrm{.}00$EstimatedSales $($Units$)4.$ Assume again that the company does not want to reduce sales of any product. Identify ways the company could obtain thek mark fore answer Any bOxes left with$2\mathrm{.}703\mathrm{.}20$o correct onswer ond double click the box with the question merk to empty the box for o wrongquestion mark will be automatically graded as incorrect.$)?$ Eliminating wasted labour time in the production processTotal Hours