Assuming that direct labor hours is the company's constraining resource, what is the highest direct labor rate per hour that The company earn if it makes optimal use of its constrained resource? Assuming that the company had made optimal use of its 110050 direct labor hours what is the highest direct labor rate per hour that Walton Company would be willing to pay for additional capacity (that is, added for direct labor time? ) I need help with question 4 and 5 . Thanks :)

The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the oompany's products is increasing. and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Setting Demand Next Price per Direct froduct year {units} Unit Materials Direct Labor Debbie 55,000 $ 27.00 $ 4.80 S 5.00 Trish 47,000 $ 6.00 $ 1.60 $ 1.50 Sarah 40,000 $ 40.00 5 L19 3 8.00 Hike 35,000 $ 15.00 $ 2.50 s 6.00 Sewing itit 330,000 $ 8.50 $ 3.70 S 1.00 The following additional information is available: a. The company's plant has a capacity of 110.050 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. The direct labor rate of $10 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $570900 per year. Variable overhead costs are $4 per direct laborhour. All of the company's nonmanufacturing costs are fixed. The company's nished goods inventory is negligible and can be ignored. inf-109' Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's live products? 2. How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's ve products? 4. Assuming that direct labor-hours Is the company's constraining resource. what is the highest totai contribution margin that the company can earn it it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 110,050 direct |abor~hours. what is the highest direct labor rate per hour that Waiton Toy Company would be wiiling to pay for additional capacity {that Is. for added direct labor time)