E8-25A (similar to) is Question Help TreadMile produces two types of exercise treadmills: Regular and Deluxe. The exercise craze and related demand is such that TreadMile could use all of ils available machine hours producing either model. The two models are processed through the same production department. (Click the icon to view the data.) What product mix will maximize operating income? (Hint: Use the allocation of fixed manufacturing overhead to determine the proportion of machine hours used by each product.) Prepare the product mix analysis. i Data Table TreadMile Product Mix Analysis Deluxe Regular Per Unit Sale price per unit 980 )| 620 Regular Deluxe 980 S S 620 Variable costs per unit Contribution margin per unit Sale price Less expenses Direct materials 280 130 Units produced with equivalent number of machine hours Contribution margin for equivalent number of machine hours 90 176 168 84 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable operating expenses 96 48 115 61 S Total expenses 753 S 499 S 227 S 121 Operating income 'Allocated on the basis of machine hours Print Done Choose from any list or enter any number in the input fields and then click Check