Basic Product Mix Decision, Single Constraint Behar Company makes three types of stainless steel frying pans. Each of the three types of pans requires the use of a special machine that has total operating capacity of 155,200 hours per year. Information on each of the three products is as follows: Standard Deluxe Selling price $12.88 $17.38 Unit variable cost $7.86 $11.52 Machine hours required 0.10 The marketing manager has determined that the company can sell all that it can produce of each of the three products. $31.14 $11.70 0.20 0.50 1. How many of each product should be sold to maximize the total contribution margin? If a product should not be produced at all, enter "O" for your answer. Number of basic units: Number of standard units: Number of deluxe units: What is the contribution margin per machine hour for each of these products? If required, round your answers to the nearest cent. Basic units: per machine hour Standard units: per machine hour Deluxe units: per machine hour What is the total contribution margin for this product mix? 5 2. Suppose that Behar can sell no more than 254,000 units of each type at the prices Indicated. What product mix would you recommend? Number of basic units: Number of standard units: Number of deluxe units: What would be the total contribution margin