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 11 Large bins every hour compared to 17 Regular bins in the same amount of time. Fixed expenses amount to $100,000 per period. Sales prices and variable costs are as follows: (Click the icon to view the costs.) 1. Which product should Contain - It emphasize? Why? 2. To maximize profits, how many of each size bin should the company produce? 3. Given this product mix, what will the company's operating income be? Decision: Contain - It should emphasize the production of Regular bins because the contribution margin per machine hour 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 3200 machine hours making Regular size bins and machine hours making Large size bins. * Data Table 3. Given the product mix determined in the previous step, calculate Contain - It's operating income Number of bins per period Contribution margin per bin Total contribution margin Regular Large Sales .price. per unit.......... $ 8.00 $ 10.90 Variable cost per unit........ $ 3.40 $ 4.10 Less: Fixed expenses Operating income Print Print [Done] Done Enter any number in the edit fields and then continue to the next