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Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint Casual Essentials, Inc., manufactures two types of team shirts, the Homerun and

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Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint Casual Essentials, Inc., manufactures two types of team shirts, the Homerun and the Goalpost, with unit contribution margins of $5 and $15, respectively. Regardless on type, each team shirts must be fed through a stitching machine to affix the appropriate team logo. The firm leases seven machines that each provides 1,000 hours of machine time per year. Each Homerun shirt requires 6 minutes of machine time, and each Goalpost shirt requires 30 minutes of machine time, Assume that a maximum of 50,640 units of each team shirts can be sold. Required: If required, round your answers to the nearest whole number. 1. What is the contribution margin per hour of machine time for each type of team shirts? Contribution Margin Homerun 50 Goalpost 50 2. What is the optimal mix of team shirts? Optimal Mix Homerun 50,640 units Goalpost units 3. What is the total contribution margin earned for the optimal mix

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