Exercise 11-5 (Algo) Volume Trade-Off Decisions [LO11-5] Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data conceming three of the company's most popular models appear below Required: 1 If we assume that the total time avallable on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? 2. Which product offers the most profitable use of the plastic injection molding machine? 3 If we assume that a severe shortoge of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets. how much contribution margin per pound of the constrained tesoutce is earned by each product? 4. Which product offers 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 tabs below. If we assume that the total time avallable on the plastic inlection moldina machine is the constraint in the oroduction brocess, how much contribution marai