Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Fishing Guard Ski Golf Guard Guard Selling price per unit Variable cost per unit Plastic injection molding machine processing time required to produce one unit 240 $ 100 $ 370 $ 255 $ 225 105 7 minutes minutes minutes Pounds of plastic pellets per unit 10 15 7 pounds pounds pounds Required: 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? 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? Complete this question by entering your answers in the tabs below. Required Required Required Required Required 1 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.) Show lessA Ski Guard Golf Guard Fishing Guard Contribution margin per minute of the constrained resource per minute per minute per minute Required 1 Required 2 5. Which product has the largest contribution margin per unit? Complete this question by entering your answers in the tabs below. Required Required Required Required Required 5 1 4 Which product offers the most profitable use of the plastic injection molding machine? OGolf Guard OFishing Guard OSki Guard Required 1 Required 3 5. W product nas the largest contributlon n rgin per uHit? Complete this question by entering your answers in the tabs below. Required Required Required Required Required 4 1 5 If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.) Show less Golf Guard Ski Guard Fishing Guard per pound Contribution margin per pound of the constrained resource per per pound pound Required 2 Required 4 4. Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? Complete this question by entering your answers in the tabs below. Required Required Required Required Required 2 1 Which product offers the most profitable use of the plastic pellets? OFishing Guard OGolf Guard OSki Guard