16-22) Great Canadian Lamp Corp. manufactures two styles of table lamps, Gold and Silver. The following data is available: GOLD SILVER Selling price per unit $50 $70 Variable costs per unit $35 $45 Machine hours required 1.6 3 Total fixed costs are $175,000 Maximum number of lamps of each style that can be sold is 10,000 Machine hour capacity is 25,000 hours per year Calculate (round to two decimals) 16) Contribution margin per unit for Gold lamps 17) Contribution margin per unit for Silver lamps 18) Contribution margin per hour for Gold lamps 19) Contribution margin per hour for Silver lamps 20) How many Gold lamps should they make to maximize contribution? 21) How many Silver lamps should they make to maximize contribution? 22) At the output in 20) and 21) above, what is the Operating Income for the company in total