FitTime produces two types of exercise treadmills Regular and Deluxe The exercise craze and related demand is such that FitTime could use all of its available machine hours producing E The two models are processed through the same production department Click the icon to view the data What product mix will maximize operating income Hint Use the allocation of fixed manufacturing overhead to determine the proportion of machine hours used by each product Prepare the product mix analysis FitTime Product Mix Analysis Sale price per unit Variable costs per unit Contribution margin per unit Units produced with equivalent number of machine hours Contribution margin for equivalent number of machine hours Deluxe 1 010 775 235 1 235 Regular 580 447 133 3