Jazmine's Knitting sells both designer and moderately priced knitted apparel. Management is deciding which product line to emphasize. The following data was provided: Per Unit Designer Moderately priced Average Sales Price $73 $30 Average Variable costs $25 $6 Average Contribution Margin $48 $24 Average Allocated Fixed Costs $20 $6 Average Operating Income $28 $18 Jazmine's Knitting store in East Plattsburgh has 920 square feet of floor space. If moderately priced items were emphasized, they could display 140 items. If designer items were emphasized, only 110 items could be displayed. These numbers are also average monthly sales for these items. (Round your answers to two decimal places when needed and use rounded answers for all future calculations) 1. Calculate the Contribution Margin per machine hour. Type of Apparel # of items / Floor Space - Items per square foot of floor space Designer Moderately Priced 2. Designer Moderately Priced Contribution Margin per item Items per square foot of floor space Total contribution margin per square foot of floor space 3. Which type should be emphasized? Select an answer 4. What will the company's operating income be? Jazmine's Knitting Contribution margin per square foot Amount of floor space available Total Contribution Margin Fixed Costs Operating Income