Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is two units per hour and for Product MTV is five units per hour. The machine's capacity is 2,200 hours per year. Both products maximum of 3,740 units of Product TLX and 2,120 units of Product MTV. Selling prices and variable costs per unit to produce the products follow. are sold to a single customer who has agreed to buy all of the company's output up to a Product TLX Product MTV Selling price per unit Variable costs per unvit $12.50 3.75 $ 7.50 4.50 Determine the company's most profitable sales mix and the contribution margin that results from that sales mix. (Round cost per unit answers to 2 decimal places.) Product TLX Product MTV Contribution margin per unit Contribution margin per production hour Product TLX Product MIV Total Maximum number of units to be sold 3,740 2.120 Hours required to produce maximum units Product TLX Product MTV Hours dedicated to the production of each product Units produced for most profitable sales mb Contribution margin per unit Total contribution margin eBook &Resources