please answer questions 1 through 5! thanks!

The walton foy Compory manufactures a lhe of dolls and a sewing let. Demand for the company/s products is increasing, and mansgement requests assistance from you h determining an economicat sales and production mix for the coming year. The compary has provicd the following data The following additionat information is avaloble: a. The compony's plant has a capocty of 84, w0 direct labor-hours per year on a single-shint basis. The company's present empioyees and equipment can produce all five products b. The cirect Inbar rate ar $12 per hour is expected to remain unchanged during the caming year. c Flood manufocturhg costs tota $040,000 per yeat. Voriable overhead costs are $3 per direct labor-hour. d. Al af the comparty's nanmanufscturing costs are theet. c. The compony's flitshed goods inventary' is negligible and can te ignered. Required: 1. How many direct laboc hours are used to menufacture one unit of each of the comparys five products? 2. How much variable overhead cost is incurted to manitacture one unit of each of the comporyy's five products? 3. What is the contrbution margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the coirparyy constralning respurce, what is the highest total contributian merghn that the company can earn if it makes aptimel use of its eonstrained resource? 5. Assuming that the compary has mede optimal use of its B4,100 direct labor-hours, what is the highest direct labor rate per hour that Wattan Toy Company would be wiling to pay for sddalianal capochy (that is, for added direct iabor tlime)? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Assuming that the company hes made octimal use of its 84,160 drect fabor-hours, what is the highest direct labor rate per hour thist Welton Toy Company would be eiling to poy for addittanal capacty (thot is, for added drect labor time)? (Do not? round intermedlate cakulatlons. Peund your answers bo 2 decma pleces.)