Store-It produces plastic storage bins for household storage needs More info Sales prices and variable costs are as follows: (Click the icon to view the costs) Data table The company makes two sizes of bins large (50 gallon) and regular (35 gallon) Demand for the products is so high that Store-It 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 2,700 hours per period. Store-It can produce 11 large bins every hour, whereas it can produce 15 regular bins in the same amount of time. Fixed costs amount to $110,000 per period Print Done CONDOROITmargarpur ti Units per machine hour Contribution margin per machine hour Regular Large Sales price per unit Variable costs per unit $ 860 $ 10.50 3.20 4.70 - X Requirements 1. Which product should Store-It emphasize? Why? - X 4 2. To maximize profits, how many of each size bin should Store-It produce? 3. Given this product mix, what will the company's operating income be?