4 5:51 Professor Shelton sees that Business Solutions's line of computer desks and chairs is popular, and he is finding it hard to keep up with demand. Sheltong only has 1,421 direct labor hours available. He must determine the best sales mix given his limited hours. Information about the desks and chairs follows. Selling price per unit Variable costs per unit Contribution margin per unit Direct labor hours per unit Maximum demand per quarter Sales Variable costs Contribution margin per direct labor hour Maximum number of units to be sold Hours required to produce maximum units For most profitable sales mix Desks $ 1,428.75 580.00 $848.75 Required: Determine the best sales mix and the contribution margin the business will earn at that sales mix. (Round per unit amounts to 2 decimal places.) Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin 7 hours 173 desks $ $ Desks Chairs $ 417.00 120.00 $ 297.00 Desks 1,428.75 $ 580 848.75 $ Desks 6 hours 48 chairs 173 Chairs 417.00 120 297.00 Chairs Chairs 48 Total Total 1,421

Professor Sheiton sees that Business Solutions's line of computer desks and chairs is popular, and he is finding it hard to keep up with demand, Sheitona only has 1,421 direct labor hours avallable. He must determine the best sates mix given his limited hours. Information about the desks and chairs follows. Required: Determine the best sales mix and the contribution morgin the business will earn at that sales mix. (Round per unit amounts to 2 . decimal places.)