m The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Demand Selling Next year Price Direct Direct Product (units) per Unit Materials Labor Debbie 55,860 $ 27.ee $4.80 $ 5.ee Trish 47.000 $ 6.00 $1.60 $ 1.50 Sarah 40,000 $4.ee $7.19 $ 8.00 Mike 35,000 $15.00 $2.50 $6.00 Sewing kit 330,000 $8.50 $3.70 $ 1.ee 37.09 The following additional information is available: a. The company's plant has a capacity of 110,050 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $10 per hour is expected to remain unchanged during the coming year c. Fixed manufacturing costs total $570,000 per year. Variable overhead costs are $4 per direct labor-hour. d. All of the company's nonmanufacturing costs are fixed e. The company's finished goods inventory is negligible and can be ignored. Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products? -quired: How many direct labor hours are used to manufacture one unit of each of the company's five products? How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? What is the contribution margin per direct labor-hour for each of the company's five products? Assuming that direct labor hours is the company's constraining resource, what is the highest total contribution margin that the mpany can earn if it makes optimal use of its constrained resource? Assuming that the company has made optimal use of its 110,050 direct labor-hours, what is the highest direct labor rate per hour that alton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reagired 3 Required 5 Required 4 What is the contribution margin per direct labor-hour for each of the company's five products? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Sarah Trish Mike Sewing Kit Debbie ontribution Margin per DLH Required 4 >