Exercise 23-6 Sales mix determination and analysis LO P3 Colt Company own a chine that can produce two specialized products Production time for Product TX is the units per hour and for Product MTV is four units per hour the machine's capacity is 2300 hours per year Both products we sold to a single customer who has agreed to buy all of the company's output up to a maximum of 3 910 units of Product TLX and 4468 units of Product MTV Selling prices and variable costs per un to produce the products follow. $ per unit Selling price per unit Variable costs per unit Product TLX Product MTV $12.50 $7.50 3.75 4.5e Determine the company's most profitable sales mix and the contribution margin that results from that contribution margins to 2 decimal places.) es mix (Round per unit Answer is not complete Product I PR S 250 000 N M Ctrl Determine the company's most profitable sales mix and the contribution margin that results from that sales mix. (Round contribution margins to 2 decimal places.) Product TLX $ 8.75 Product MTV $ 3.00 Contribution margin per unit Units produced per hour Contribution margin per production hour $ 23.257 $ 12001 Total Maximum number of units to be sold Hours required to produce maximum units Product TLX Product MTV 3,9104 ,468 1,303 1,117 2,420 Total For Most Profitable Sales Mix Product TLX Product MTV Hours dedicated to the production of each product 1,303 Produce most profitable units until the market demand has been satisfied. Units produced for most profitable sales o 3,9101 4,468 Contribution margin per unit Total contribution margin ere to search O E COLM ERTYUIO D F G H J K L