Edge Company produces two models of its product with the same machine. The machine has a capacity of 156 hours per month. The following Information is available. Standard Deluxe Selling price per unit $ 150 $ 180 variable costs per unit 63 Contribution margin per unit $ 93 $ 72 Machine hours per unit 1 hour 2 hours Maximum unit sales per month 550 units 280 units Required: 1. Determine the contribution margin per machine hour for each model. Product Contribution Margin Standard Deluxe Contribution margin per unit 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? Standard Deluxe Total Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin B. Assume the maximum demand for the Standard model is 80 units (not 550 units). How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Standard Deluxe Total Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin