StoreAll produces plastic storage bins for household storage needs. The company makes two sizes of bins: Large (50 gallon) and Regular (35 gallon). Demand for the product is so high that the company can se many of each size as it can produce. The same machinery is used to produce both sizes. The machinery is available for only 3,500 hours per period. The company can produce 12 Large bins every hour compari 17 Regular bins in the same amount of time. Fixed expenses amount to $115,000 per period. Sales prices and variable costs are as follows (Click the icon to view the costs.) 1. Which product should StoreAll emphasize? Why? 2. To maximize profits, how many of each size bin should the company produce? 3. Given this product mix, what will the company's operating income be? Data Table duct Mix AnalysIs Regular Large Regular Large 8.100.50 4.00 6.50 Sales price per unit Less: Variable cost per unit Contribution margin per unit Units per machine hour Contribution margin per Decision: StoreAll should emphasize the production of Regular bins because the contribution margin per machine hour is higher. 2. To maximize profits, how many of each size bin should the company produce? (If there are zero machine hours allocated to a bin size, enter 0 in the input box.) StoreAll should spend Large size bins. Sales price per unit ........S 8.10 S 10.50 3.50 Variable cost per unit .3.50 S 4.00 4.60 Print Done 78.20 78.00 machine hour 59500 machine hours making Regular size bins andmachine hours making StoreAll produces plastic storage bins for household storage needs. The company makes two sizes of bins: Large (50 gallon) and Regular (35 gallon). Demand for the product is so high that the company can se many of each size as it can produce. The same machinery is used to produce both sizes. The machinery is available for only 3,500 hours per period. The company can produce 12 Large bins every hour compari 17 Regular bins in the same amount of time. Fixed expenses amount to $115,000 per period. Sales prices and variable costs are as follows (Click the icon to view the costs.) 1. Which product should StoreAll emphasize? Why? 2. To maximize profits, how many of each size bin should the company produce? 3. Given this product mix, what will the company's operating income be? Data Table duct Mix AnalysIs Regular Large Regular Large 8.100.50 4.00 6.50 Sales price per unit Less: Variable cost per unit Contribution margin per unit Units per machine hour Contribution margin per Decision: StoreAll should emphasize the production of Regular bins because the contribution margin per machine hour is higher. 2. To maximize profits, how many of each size bin should the company produce? (If there are zero machine hours allocated to a bin size, enter 0 in the input box.) StoreAll should spend Large size bins. Sales price per unit ........S 8.10 S 10.50 3.50 Variable cost per unit .3.50 S 4.00 4.60 Print Done 78.20 78.00 machine hour 59500 machine hours making Regular size bins andmachine hours making