o Mam soverAgeba CalculatorYour Sets I Quizlet 1O. mework Problems (22 pts) O 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: Next Selling year Pric Direct (units) per Unit Materiala Labor $30.00 $5.202.10 51,000 7.00$2.000.70 S 4.20 54, 500 $12.00 $2.902.80 so.35 Direct Debbie Trish Sarah Mike sewing kit ok 44,000 $42.00 $7.79 334,00O SB.90 $4.10 sk The following additional information is available: . The company's plant has a capacty of 76.8c0 dret lbor-hours per year on a single shit bsis. The company's present employees a. The company's plant has a capacity of 7 and equipment can produce all five products b. The direct labor rate of $7 per hour is expected to remain unchanged during the coming year c. Fixed manufacturing costs total $610,000 per year. Variable overhead costs are $4 per direct labor-hour d. All of the company's nonmanufacturing costs are fixed. rences c e. The company's finished goods inventory is negligible and can be ignore 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 p 3. What is the contrib roducts? ution margin per direct labor-hour for each of the company's five products? or-hours is the company's constraining resource, what is the highest total contribution margin that the 5. Assuming that the company has made optimal use of its 76,800 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? company can earn if it makes optimal use of its constrained resource? Complete this question by entering your answers in the tabs below Required 1 Required 2 l Required 3 Required 4 Il Required :5