need all 3 requirements

JCUIMIect.itm m Project Saved Help Save & Exit Se Check my w 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 Debbie Trish (units) per Unit Materials $16.70 $ 7.50 $26.60 Labor se,000 42,000 $4.30 $1.10 $6.44 $2.00 $3.20 $ 6.40 $ 4.00 Sarah Mike 35,000 40,000 325,000 $11.20 Sewing kit $14.00 $ 9.60 $ 8.00 $ 3.20 The following additional information is available: a. The company's plant has a capacity of 130,000 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 $16 per hour is expected to remain unchanged during the coming year C. Fixed manufacturing costs total $520,000 per year. Variable overhead costs are $2 per direct labor-hour d. All of the company's norimanufacturing 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? 2 How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? Prev 1 of 2 Next > to search