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Product Mix Decision, Single ConstraintSealing Company manufactures three types of DVD storage units. Each of the three types requires the use of a special machine

Product Mix Decision, Single ConstraintSealing Company manufactures three types of DVD storage units. Each of the three types requires the use of a special machine that has a total operating capacity of 15,000 hours per year. Information on the three types of storage units is as follows: Basic Standard DeluxeSelling price$9.00 $30.00 $35.00Variable cost$6.00 $20.00 $10.00Machine hours required0.100.500.75Sealing's marketing director has assessed demand for the three types of storage units and believes that the firm can sell as many units as it can produce.Required:1. How many of each type of unit should be produced and sold to maximize the company's contribution margin? If an amount box does not require an entry, leave it blank or enter "0". If required, round your answers to the nearest whole value.Basicfill in the blank 1 unitsStandardfill in the blank 2 unitsDeluxefill in the blank 3 unitsWhat is the total contribution margin for your selection?$fill in the blank 42. Now suppose that Sealing Company believes that it can sell no more than 12,000 of the deluxe model but up to 50,000 each of the basic and standard models at the selling prices estimated. What product mix would you recommend? If required, round your answers to the nearest whole value.Basicfill in the blank 5 unitsStandardfill in the blank 6 unitsDeluxefill in the blank 7 unitsWhat would be the total contribution margin?$fill in the blank 8

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