Edge Company produces two models of its product with the same machine. The machine has a capacity of 148 hours per month. The following information is available. Selling price per unit Standard $ 110 Deluxe $ 140 Variable costs per unit Machine hours per unit 40 84 Contribution margin per unit $ 70 $ 56 1 hour Maximum unit sales per month 500 units 2 hours 250 units Required: 1. Determine the contribution margin per machine hour for each model. Product Contribution Margin Contribution margin per unit Standard Deluxe Contribution margin per machine hour 2. How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution mornin Standard Deluxe Total Consulo mai yii Contribution margin per machine hour 2. How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Hours dedicated to the production of each product Standard Deluxe Total Check my w Units produced for most profitable sales mix Contribution margin per unit Total contribution margin 3. Assume the maximum demand for the Standard model is 70 units (not 500 units). How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin Standard Deluxe Total