Storage Solutions produces plastic storage bins for household storage needs. Click the icon to view additional information.) Sales prices and variable costs are as follows: (Click the icon to view the costs.) Read the requirements - X More info Data table utid The company makes two sizes of bins: large (50 gallon) and regular (35 gallon). Demand for the products is so high that Storage Solutions can sell as many of each size as it can produce. The company uses the same machinery to produce both sizes. The machinery can only be run for 3.500 hours per period. Storage Solutions can produce 11 large bins every hour, whereas it can produce 16 regular bins in the same amount of time. Fixed costs amount to $105.000 per period. Sales price per unit Variable costs per unit Regular Large $ 8.40 $ 10.50 3.20 4.70 X Requirements Print because this product has the higher 1. Which product should Storage Solutions emphasize? Why? 2. To maximize profits, how many of each size bin should Storage Solutions produce? 3. Given this product mix, what will the company's operating income be? e bin should Storage Solutions produce? (Enter a "0" for Requirement 1. Which product should Storage Solutions emphasize? Why? Complete the product mix analysis to determine the contribution margin per machine hour. Storage Solutions Product Mix Analysis Regular Large Sales price per unit Variable cost per unit Contribution margin per unit Units per machine hour Contribution margin per machine hour Which product should Storage Solutions emphasize? Why? Storage Solutions should emphasize the production of because this product has the higher Requirement 2. To maximize profits, how many of each size bin should Storage Solutions produce? (Enter a "0" for any zero amounts.) Storage Solutions should spend machine hours making regular size bins, and machine hours making large size bins. Requirement 3. Given this product mix, what will the company's operating income be? Number of regular size bins per period Contribution margin per regular size bin Total contribution margin Fixed costs TI Operating income Storage Solutions should emphasize the production of because this product has the higher Requirement 2. To maximize profits, how many of each size bin should Storage Solutions produce? (Ente Storage Solutions should spend machine hours making regular size bins, and machine hours making large size bins. Requirement 3. Given this product mix, what will the company's operating income be? contribution margin per machine hour. contribution margin per unit. Numer nfrarlareira hina nar marin sales price per unit variable cost per unit. Storage Solutions should emphasize the production of Requirement 2. To maximize profits, how many of each Storage Solutions should spend machir machine hours making large size bins Requirement 3. Given this product mix, what will the a because this product has the higher Solutions produce? (Enter a "O" for any zero amounts.) regular size bins, and large bins regular bins me be? Numer nfrarlar ciro hinc rar narinn
