Exercise 8-13 Umbrella Co. Is considering the introduction of three new products. Per unit sales and cost information are as follows: Sales Variable costs Fixed costs Labor hours per unit Monthly demand in units s 16 s 12 s 3.5 3.4 s1.2 s 0.5 1.2 hours .5 hours 5 hours 470 610 240 The company has only 1,800 direct labor hours available to commit to production of any new products. How many of each product should Umbrella Co. produce and sell to maximize its proft? Round answers to o decimal places, e.g. 5, Exercise 8-14 Wendy's Wind Toys manufactures decorative kites, banners, and windsocks. During the month of January, Wendy received orders for 4,000 Valentine's Day banners and 1,200 Easter kites. Because several sewing machines are in the shop for repairs, Wendy's has only 1,500 sewing machine hours available for production of these orders. Each Valentine's Day banner sells for $12. The banners take one hour to sew and have a total variable cost of $10 per banner. The Easter kites sell for $15. They take 15 minutes to sew and have a total variable cost of $14. (1) With only 1,500 sewing machine hours available, how many units will Wendy be able to produce for the below items? Kites Bannens (2) Based on your calculations in (1), what products should Wendy schedule for production in January