5 Portsmouth Company makes upholstered furniture, Its only variable cost is direct materials. The demand for the company's products tur exceeds its manufacturing capacity. The bottleneck (or constraint) in the production process is upholstery labor-hours Information concerning three of Portsmouth's products appears below. $ 1,412 Selling price per unit Varmt per unit holstery shor-ho permit Sot $ 2,00 $ 1,250 13 hours Love Seat $ 1,275 $350 5 hour's hours Required: 1. Portsmouth is considering paying its upholstery laborers hourly compensation, in addition to their usual salaries, to work overtime. Assuming that this extra time would be used to produce solas, up to how much of an overtime rate per hour should the company be willing to pay to keep the upholstery shop open after normal working hours? 2. A small nearby upholstering company has offered to upholster furniture for Portsmouth at a price of $56 per hour. The management of Portsmouth is confident that this upholstering company's work is high quality and their craftsmen can work as quickly as Portsmouth's own craftsunen on the simpler upholstering jobs sucti as the Love Seat. How much additional contribution margin per hou Can Portsmouth eam if it hires the nearby upholstering company to make Love Seats? 1. Should Portsmout hire the nearby upholstering company? Complete this question by entering your answers in the tabs below. Reguwed 2 Required a Portmouth is considering paying its upholstery laborers hourly compensation, in addition to their usual salaries, to work vertime. Assuming that this extra time would be used to produce solas, up to how much of an overtime rate per hour should the company be willing to pay to keep the upholstery shop open after normal working hours? Complete this question by entering your a Required 1 Required 2 Required 3 Portsmouth is considering paying its upholstery la overtime. Assuming that this extra time would be the company be willing to pay to keep the uphols Maximum overtime rate per hour Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 A small nearby upholstering company has offered to upholster furniture for Portsmouth at a price of $56 per hour. The management of Portsmouth is confident that this upholstering company's work is high quality and their craftsmen can work as quiddy as Portsmouth's own craftsmen on the simpler upholstering jobs such as the Love Seat. How much additional contribution margin per hour can Portsmouth earn if it hires the nearby upholstering company to make Love Seats? Show less contribution margin por hou Required 1 Required 3 >