3 Exercise 11-5 (Algo) Volume Trade-Off Decisions (LO11-5) Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Selling price per unit SL Guard $260 Golf Guard Variable cost per un $130 5270 $130 Plastic injection molding machine processing time required to produce ene anit 4 minutes 9 pounds 6 minutes 16 pounds Fishing Gard $305 1100 9 minutes 7 pounds Pounds of plastic pellets per unit Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per msate of the constrained resource is earned by each product? 2. Which product offers the most proftatile use of the plastic injection molding machine? 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has became the total variable pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product 4 Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? 10 16 Complete this question by entering vaur answers in the tabs below. Required assume that the the constrained resource Required on the plastic injection molding machine is the constraint in the production process, how much contribution margin per sch product? (Round your final antwers to 2 decimal places) Quar Get Guard Required 2 > 10 10 1- Complete this question by entering your answers in the tabs below. Required Required Required 3 Required 4 Required Which product offers the most profitable use of the plastic injection molding machine? Gard Quant whing Quant 5. Which product has the largest contribution margin per unit? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? (Round your final answers to 2 decimal places Contribution margin per pound of the constrained resource Ski Guard Golf Guard per pound per pound Fishing Guare per pound 10 10 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required S Which product offers the most profitable use of the plastic pellets? Orating God OutQuant Required 3 Required > 10 Hire Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 Required 4 Reclared 5 References Which product has the largest contribution margin per unit? Shi Guard Fishing Guard Golf Guard