Exercise 11-5 (Algo) Volume Trade-Off Decisions [LO11-5] Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for spotts equipment. Data concerning three of the company's most popular models appear beiow. Required; 1. If we assume that the total time available on the plastic injection maiding machine is the constraint in the production process, how much contribution margin per minute of the constrained resonce is eamed by each product? 2. Which product offers the most profitable use of the plastic injection molding mach ine? 3. If we assume that a severe shortage of plastic pellets has required the company to cut back lts production so much that its new constraint has become the total avallable pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Whsch product otfers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? Complete this question by entering your answers in the tates below