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Required: 1. Determine the contribution margin per direct labor-hour expended on each product. (Do not round intermediate calculations. Round your answers to 2 decimal places.
Required: 1. Determine the contribution margin per direct labor-hour expended on each product. (Do not round intermediate calculations. Round your answers to 2 decimal places. Contribution Margin per DLH Product Debbie Trish Sarah Mike Sewing kit 2. Calculate the the total direct labor-hours that will be required to produce the units estimated to be sold during the coming year. (Do not round intermediate calculations. Product Total Hours Debbie Trish Sarah Mike Sewing Kit Total hours required 3. Based on response to Requirement 1&2, how much of 100,400 direct labor hours of capacity will be allocated to Walton Toy Company's various products? Product Hours Debbie Trish Sarah Mike Sewing kit 4. What is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? Total contribution margin 5. What is the highest price, in terms of a 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 price per hour
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