answer questions 1 through 5 please!
The Watton Toy Compony manutactures a lhe of dolls and a sewing lit, Demand for the company/s products is inereosing, and management fequests ossistarce from you in debermining en economical sales and production mix for the coming yeaL. The compary has prowided the following data The following adsitional information is avatoble: a. The company's plant has a capacity of a4, Wo direct labor-thours per year on a single-shith basls. The company's presemt employees and equipmient can produce at five products b. The dreet iabor rate of $12 per hour is expected to remain unchanged during the caming year. c. Fliced marwifacturhg costs total $640,000 per year. Varlable overhead costs are $3 per direct labor hour. d. At of the compary's nanmanulocturing costs are fleed. c. The componly's fifished goods imentory is negligibie and can be ignored. Required: 1. How many direct laboe haus are used to manufocture ane unit of each of the companys five products? 2. How much variable overhead cost is incured to manufacture oce unit af each at the compony's nve products? 3. What is the contrbution margln per direct (abor-tiour for each of the campany's fwe products? 4. Assuming that direct labor-hours is the compary? constraining resource, what is the highest total contrioutlan mergin that the campary can earn if it makes aptimat use of its constrahed resource? 5. Assuming thet the company has made aptimal use of its B4,100 dlrect kabor-hours, what is the highest diect laber rate per hour thot maitan Toy Company would be wiling to pay for additional capacity that is, for added dlrect labor time'? Complete this question by entering your answers in the tabs below. How many direct iabor hours are used to manufscture one unk of each of the comasnr's five products? (Do not round inkermediate ceiculations. Round your onswers in Z dedm al places.)