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Return to question 00 The Walton Toy Company manufactures a line of dolls and a sewing kit Demand for the company's products is increasing and

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Return to question 00 The Walton Toy Company manufactures a line of dolls and a sewing 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 data: 20 points Product Debbie Trish Sarah Mike Sewing kit Demand Next Selling year Price Direct (units) per Unit Materials 60,000 $19.50 $5.30 52,000 $ 6.00 52.10 45,000 $33.00 $7.94 52,000 $13.00 $3.00 335,000 $9.00 $4.20 Direct Labor 5 2.80 $ 1.20 5 5.20 $ 3.60 $ 0.80 The following additional information is available: a. The company's plant has a capacity of 103,250 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 $8 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $620,000 per year. Variable overhead costs are $5 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Assuming that the company has made optimal use of its 103,250 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 direct labor rate per hour per hour

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