Problem 10-3A (Static) Sales mix strategies LO P3 Edge Company produces two models of its product with the same machine. The machine has a capacity of 176 hours per month. The following information is available Standard Deluxe Selling price per unit $ 120 $160 Variable costs per unit Contribution margin per unit $80 5.70 Machine hours per unit 1 hour 2 hours Maximum unit sales per month GOO units 200 units Required: 40 90 1. UUME U LURDUUUHyni pel HT HU 101 LEI Product Contribution Margin Contribution margin per unit Standard Deluxe Contribution margin per machine hour 2 How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Standard Deluxe Total Hours dedicated to the production of each product Units produced for most profitable sates mix Contribution margin per unit Total contribution margin 3. Assume the maximum demand for the Standard model is 100 units (not 600 units) How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Standard Deluxe Total Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin