Outdoor Luggage, Incorporated, 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 Ski Guard $230 $ Variable cost per unit $160 Golf Guard 310 $ 190 Fishing Guard $245 $115 Plastic injection molding machine processing time required to produce one unit 11 minutes 9 minutes 10 minutes Pounds of plastic pellets per unit 7 pounds 13 pounds 14 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 1 Required 2 Required 3 Required 4 Required 5 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.) Ski Guard Contribution margin per minute of the constrained resource per minute Golf Guard per minute Replic Required 2 > Fishing Guard per minute Required 1 Required 2 Required 3 Required 4 Required 5 Which product offers the most profitable use of the plastic injection molding machine? Golf Guard OFishing Guard Ski Guard < Required 1 Required 3 > Required 1 Required 2 Required 3 Required 4 Required 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.) Ski Guard Golf Guard Fishing Guard Contribution margin per pound of the constrained resource per pound per pound per pound > Required 1 Required 2 Required 31 Required 4 Required 5 Which product offers the most profitable use of the plastic pellets? Golf Guard Ski Guard Fishing Guard < Required 3 Required 5 > Required 1 Required 2 Required 3 Required 4 Required 5 Which product has the largest contribution margin per unit? Golf Guard Ski Guard Fishing Guard