Blossom Inc. manufactures two electronic products, widgets and gadgets, and has a capacity of 2,700 machine hours. Prices and costs for each product are as follows: Widget Gadget Selling price per unit $267 $347 Variable costs per unit Direct materials 34 52 Other direct costs 14 29 Variable Manufacturing overhead costs 47 61 *Variable manufacturing overhead costs are applied at a rate of $57 per machine hour. Steering Industries, a potential client, has offered $266 per unit to Blossom for 266 special units. These 266 units would incur the following production costs and time: Direct materials $10,234 Other direct costs $4,700 Machine hours 242 Assume that Blossom has enough excess capacity to produce the special order. Calculate what the total contribution would be if the special order from Steering were accepted. Total contribution margin $ Assume that Blossom is currently operating at full capacity. Calculate the contribution margin per unit and per machine hour. (Round machine hours to 2 decimal places, eg. 12.25 and final answers to decimal places, eg. 125.) Widget Gadget New Order CM per unit $ $ $ CM per machine hour $ $ $ Determine whether Blossom should produce the units for the special order instead of widget or gadget units. Blosso oduce the units for the special order instead of widget or gadget units. should should not Assume that Blossom is actually operating at 95% of full capacity. Calculate what the opportunity cost would be if Steering's special order were accepted. . Opportunity cost $ Assume that Blossom is actually operating at 95% of full capacity, and additional machines can be rented at a cost of $36,700 to produce Steering's special order. If the special order is accepted, calculate its effect on Blossom's profit. Net profit from doing the special order $