John has just opened the Carrington Company. The company makes four products: Bracelet Earrings Ring $5.00 $5.20 $4.50 $1.12 $0.96 $1.60 Necklace Selling price/unit $6.00 Direct material/unit $1.28 Minutes of labor/unit for each machine Machine A 1.5 Machine B 1.8 Machine C 0.9 1.5 1.5 1.0 0.8 1.5 0.8 0.7 0.5 Variable manufacturing overhead is 25% of direct material cost. Variable selling expense is 10% of the selling price. Direct labor is $12 per hour for preparation of the materials to enter the machines and there are only 120 hours of labor available. Fixed office expenses are $2000 per week. Due to contractual obligations, Carrington must make at least 1000 necklaces 400 bracelets 200 earrings 100 rings each week. Due to demand restrictions, Carrington cannot sell more than 500 bracelets or 300 earrings each week. Because there is no weekend storage for finished goods, all products made must to cleared out (sold) each week. You just began work as the controller and John Carrington has asked you to recommend the ideal number of each product Carrington Company should produce each month (fill/highlight the cells in orange), how many minutes each of labor for each product is used (fill/highlight the cells in red), and what the firms operating income (not contribution margin) would be for a typical week with this recommended product mix (fill/highlight) the cells in yellow)