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Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Selling price per unit
Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Selling price per unit Variable cost per unit Plastic injection molding machine processing time required to produce one unit Pounds of plastic pellets per unit Required: Ski Guard Golf Guard Fishing Guard 310 $ 70 $ 390 $ 160 $ 215 95 2 minutes 11 minutes 11 minutes 14 pounds 7 pounds 15 pounds 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? 2. Which product offers the most profitable use of the plastic injection molding machine? Complete this question by entering your answers in the tabs below. Required 1 Required 2 If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.) Fishing Guard Ski Guard Contribution margin per minute of the constrained resource per minute per minute
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