Santana Rey sees that Business Solutions's line of computer desks and chairs is popular, and she is finding it hard to keep up with demand. Santana only has 1,166 direct labor hours available. She must determine the best sales mix given her limited hours. Information about the desks and chairs follows. Selling price per unit Variable costs per unit Contribution margin per unit Direct labor hours per unit Maximum demand per quarter Desks $ 1,260.50 500.00 $ 760.50 6 hours 166 desks Chairs $ 471.25 210.00 $ 261.25 5 hours 47 chairs Required: Determine the best sales mix and the contribution margin the business will earn at that sales mix. (Round per unit amounts to 2 decimal places.) Chairs 261.25 $ Desks 760.50 $ 6 Contribution margin per unit Direct labor hours per unit Contribution margin per direct labor hour 5 $ 52.25 126.75 $ Desks Chairs Total 1,231 Maximum number of units to be sold 166 47 Hours required to produce maximum units 996 235 The company does not have enough hours to fill maximum demand. For most profitable sales mix Desks Chairs Hours dedicated to the production of each product 996 Total 1,166 996.00 Units produced for most profitable sales mix Contribution margin per unit Total contribution margin Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales). Selling prices are $1,160 per desk unit and $690 per chair. Variable costs are $695 per desk unit and $345 per chair. Fixed costs are $204,330. Required: 1. Compute the weighted average contribution margin. 2. Compute the break-even point in units. 3. Compute the number of units of each product that would be sold at the break-even point. X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the weighted average contribution margin. (Round your final answer to the nearest whole number.) Weighted average contribution margin $ 370 X