Please help answer question 3 (Ch. 6 HW). Will rate thumbs up if correct. Thank you.

3 1 pots The Walton Toy Company manufactures a line of dolls and a sowing 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 doto Demand Selling Next year Price Direct Direct Product (units) per Unit Materials Labor Debbie 61,000 $20.00 $5.40 $ 3.60 Trish 53,000 $ 6.50 $2.20 $ 1.41 Sarah 46,000 $33.50 58.09 $6.30 Mike 44,400 $14.00 $3.10 5 4.50 Seving kit 335,000 59.10 $4.30 $0.99 Book The following additional Information is available Part a The company's plont has a capacity of 113.140 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year Fixed manufacturing costs total $630.000 per year Variable overhead costs are $2 per direct labor-hout d All of the company's nonmanufacturing costs are foxed e. The company's finished goods inventory is negligible and can be ignored Rece 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 products? 3 What is the contribution margin per direct labor hour for each of the company's five products? 4 Assuming that direct tobor hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource 5. Assuming that the company has made optimal use of its 13.10 direct labor hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional copacity that is for added direct lobortime)? Complete this question by entering your answers in the tabs below. a. The company's plant has a capacity of 113,140 direct labor. hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $630,000 per year. Variable overhead costs are $2 per direct labor-hour d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods inventory is negligible and can be ignored 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 products? 3 What is the contribution margin per direct labor-hour for each of the company's five products 4 Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 113,140 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)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 How many direct lobor hours are used to manufacture one unit of each of the company's five products? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Debbie Trish Sarah Mike Sewing Kit Direct labor hours per unit Roured Required 2 > a. The company's plant has a capacity of 113.140 direct tobor hours per year on a single-shift basis. The company's present employees and equipment can produce all five products The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. c Food manufacturing costs total $630,000 per year. Variable overhead costs are $2 per direct labor-hour. d. All of the company's nonmanufacturing costs are fixed e The company's finished goods inventory is negligible and can be ignored, 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 products? 3. What is the contribution margin per direct labor-hour for each of the company's five products 4. Assuming that direct labor hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 113,140 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)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Debble Trish Sarah Mike Sewing Kit Variable overhead cost per unit a. The company's plant has a capacity of 113140 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products The direct labor rate of $9 per hour is expected to remain unchanged during the coming year Fored manufacturing costs total $630,000 per year. Variable overhead costs are $2 per direct labor-hour. d. All of the company's nonmanufacturing costs are fixed e The company's finished goods inventory is negligible and can be ignored. 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 products? 3. What is the contribution margin per direct labor-hour for each of the company's five products 4. Assuming that direct labor hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5 Assuming that the company has made optimal use of its 113,140 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)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 What is the contribution margin per direct labor-hour for each of the company's five products? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Debbie Trish Sarah Mike Sewing Kit Contribution Margin per DLH Required 2 Required 4 > 3 The company's plant has a capacity of 113,140 direct labor hours per year on a single-shift basis. The company's present employees and equipment can produce all live products b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year e Fixed manufacturing costs total $630,000 per year Variable overhead costs are $2 per direct labor-hour d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods inventory is negligible and can be ignored Required: 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 products? 3. What is the contribution margin per direct labor-hour for each of the company's five products 4 Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5 Assuming that the company has made optimal use of its 113,140 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)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? (Do not round intermediate calculations. Round your final answer to a whole dollar amount.) Highest total contribution margin a. The company's plant has a capacity of 113,140 direct lobor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct lobor rate of $9 per hour is expected to remain unchanged during the coming year c Fixed manufacturing costs total $630,000 per year Variable overhead costs are $2 per direct labor hour d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods inventory is negligible and can be ignored. 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 products? 3. What is the contribution margin per direct labor-hour for each of the company's five products 4. Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can eam if it makes optimal use of its constrained resource? 5 Assuming that the company has made optimal use of its 113,140 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)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Assuming that the company has made optimal use of its 113,140 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)? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Highest diect labor rate per hour per hour