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

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StoreAway produces plastic storage bins for household storage needs. Sales prices and variable costs are as follows. (Click the icon to view additional information ) (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 Store Away 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 StoreAway emphasize? Why? Stor Away should emphasize the production of because this product has the higher Requirement 2. To maximize profits, how many of each size bin should StoreAway produce? (Enter a "Ufor any zero amounts) StoreAway should spend nchine hours making regular se bins and machu . Enter any number in the edit fields and then continue to the next question 0 More Info Data Table The company makes two sizes of bins large (50 gallon) and regulat (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 bins every hour, whereas it can produce 15 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 $ 8.90 $ 10 20 3 00 4.20 Print Done Print Done Requirement 2. to maximize profits, how many of each size bin should StoreAway produce? (Enter a "0" for any zero amounts) regular size bins and Store Away should spend machine hours making 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 Onorating income

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