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StoreAway produces plastic storage bins for household storage needs Click the icon to view additional information.) Sales prices and variable costs are as follows: (Click

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StoreAway 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 Requirement 1. Which product should StoreAway emphasize? Why? Complete the product mix analysis to determine the contribution margin per machine hour StoreAway Product Mix Analysis Regular Large Sales price per unit Variable cost per unit Contribution margin per unit Units per machine hour Enter any number in the edit fields and then click Check Answer More Info The company makes two sizes of bins: large (50 gallon) and regular (35 gallon). Demand for the products is so high that StoreAway 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 3,000 hours per period. StoreAway can produce 10 large bins every hour, whereas it can produce 16 regular bins in the same amount of time. Fixed costs amount to $120,000 per period. Print Done - X Data Table Regular Large $ 8.50 $ 11.00 Sales price per unit Variable costs per unit 3.40 4.30 Print Done 1 - Requirements 1. Which product should StoreAway emphasize? Why? 2. To maximize profits, how many of each size bin should StoreAway produce? 3. Given this product mix, what will the company's operating income be? Print Done

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