Problem 23-3A Sales mix strategies 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 . .... . . . . .. 40 90 Contribution margin per unit . ... .. $ 80 $ 70 Machine hours per unit . . . . ..... 1 hour 2 hours Maximum unit sales per month . ... 600 units 200 units Required 1. Determine the contribution margin per machine hour for each model.How many units of each model should the company produce? How much total contribution margin does this mix produce per month? Assume the maximum demand for the Standard model is 1 00 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