The Waiton Toy Company manufactures a line of dolls and a sewing kit, Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming yeac. The company has provided the following data: The following add tional information is available: a. The company's plant has a capacity of 137,510 direct labor hours per year on a single-shift basis. The compant's present employees and equipment can produce ali five products. b. The direct labor rate of $8 per hour is expected to remein unchanged during the coming year. c. Fixed manufacturing costs total $550.000 per year. Variable overheod costs are $2 per drect labor-hour: d. All of the company's nonmanufacturing costs are fixed e. The company's finished goods inventory is negligible and can be ignored. Pequired: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products? 2. How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution maegin per direct tabor hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constroining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of is 137,540 direct labor hours, what is the highest direct labor rate per hour that Waiton Toy Company would be willing to poy fer additional capocity (that is, for added direct tabor bimel? Complete this question by entering your answers in the tabs below