Exercise 13-5 (Algo) Volume Trade-Off Decisions [LO13-5] Outdoor Luggage, Inc, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constroined resource is eamed by each product? 2. Which product offers the most profitoble use of the plastic injection molding machine? 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total avalable pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Which product offers the most profitable use of the plastic pellets? () Answer is not complete. Complete this question by entering your answers in the tabs below. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is eamed by each product? (Round your final answers to 2 decimal places.) Exercise 13-5 (Algo) Volume Trade-Off Decisions [LO13-5] Outdoor Luggage, Inc, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's mos popular models appear below. Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, 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 shortage of plastic pellets has required the company to cut back its production so much that its nev constraint has become the total avaliable pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Which product offers the most profitable use of the plastic pellets? Answer is not complete. Complete this question by entering your answers in the tabs below. If we assume that a severe shortage 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 resource is earned by each product? (Round your final answers to 2 decimal places.)