Contain - It produces plastic storage bins for household storage needs. The company makes two sizes of bins: Large (50 gallon) and Regular (35 gallon). Demand for the product is so high that the company can sell as many of each size as it can produce. The same machinery is used to produce both sizes. The machinery is available for only 3,200 hours per period. The company can produce 10 Large bins every hour compared to 17 Regular bins in the same amount of time. Fixed expenses amount to $115,000 per period. Sales prices and variable costs are as follows: (Click the icon to view the costs.) i Data Table pany produce? he be? Intain - It should emphasize. Regular Large Sales price per unit.......... $ 8.20 $ 10.00 Variable cost per unit ........$ 3.20 $ 4.50 Large Print Done Done] Contain-It Product Mix Analysis Regular Large Sales price per unit Less: Variable cost per unit Contribution margin per unit Units per machine hour Contribution margin per machine hour Decision: Contain - It should emphasize the production of because the v is higher 2. To maximize profits, how many of each size bin should the company produce? (If there are zero machine hours allocated to a bin size, enter in the input box.) Contain-It should spend machine hours making Regular size bins and machine hours making Large size bins. 3. Given the product mix determined in the previous step, calculate Contain - It's operating income for the period. Number of bins per period Contribution margin per bin Total contribution margin Less: Fixed expenses Operating income