StoreAway produces plastic storage bins for household storage needs. (Click the icon to view additional information) 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 8.2 36 4.6 10 46 Large N 10.2 43 Sales price per unit Variable cost per unit Contribution margin per unit i Units per machine hour Contribution margin per machine hour Which product should StoreAway emphasize? Why? StoreAway should emphasize the production of regular bins because this product has the higher contebution margin per machine hour 5.9 17 CTC 35 Sales prices and variable (Click the icon to vie Read the requirements. Sales price per unit Variable costs per unit 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 3,200 hours per period StoreAway can produce 10 large bine every hour, whereas it can produce 17 regular bins in the same amount of time. Fixed costs amount to $105.000 per period Print S Regular Large 8.20 S 10.20 3.50 4:30 Done Time Remaining:01-32:20 Dution margin per machine hour Which product should StoreAway emphasize? Why? StoreAway should emphasize the production of regular bins because this product has the higher contribution margin per machine hour. Requirement 2. To maximize profits, how many of each size bin should StoreAway produce? (Enter a "0" for any zero amounts.) StoreAway should spend machine hours making regular size bins, and machine hours making Requirement 3. Given this product mix, what will the company's operating income be? large size bins. Number of regular size bins per period Contribution margin per regular size bin Total contribution margin Fixed costs Operating income