6 Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is three units per hour and for Product MTV is four units per hour. The machine's capacity is 2,100 hours per year. Both products are sold to a single customer who has agreed to buy all of the company's output up to a maximum of 3,570 units of Product TLX and 4,020 units of Product MTV. Selling prices and variable costs per unit to produce the products follow. points (8 02 13:53 8 02-13:53 $ per unit Selling price per unit Variable costs per unit Product TLX $14.50 4.35 Product MTV $8.70 5.22 Determine the company's most profitable sales mix and the contribution margin that results from that sales mix. (Round per unit contribution margins to 2 decimal places.) Answer is complete but not entirely correct. Product TLX Product MTV 3.48 $ Contribution margin per unit Units produced per hour Contribution margin per production hour 10.15$ 3 4 13.92 $ 30.45$ Product TLX Total Maximum number of units to be sold Hours required to produce maximum units 3,570 2,100 % Product MTV 4,020 2,100 X 4.200 Total 4,200 Product For Most Profitable Sales Mix Product TLX MTV Hours dedicated to the production of each product 2.100 X 2,100 Produce most profitable units until the market demand has been satisfied. Units produced for most profitable sales mix 3,570 4,200 X Contribution margin per unit $ 10.15$ 3.48 Total contribution margin $ 36,236 $ 14.616 50,852