The Walton 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 year. The company has provided the following data: Selling Price Demand Direct Direct Next year (units) per Unit 72,000 Materials Product Labor Debbie $18.00 $4.90 4.05 Trish $9.74 40,000 Mike $15.00 $10.20 $4.20 $5.40 4.95 Sewing kit 347,000 1.44 The following additional information is available: a. The company's plant has a capacity of 155,110 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. C. Fixed manufacturing costs total $605,000 per year. Variable overhead costs are $5 per direct 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. Required: 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 margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the pany can earn if it makes s made optimal use of its 155,110 Walton Toy Company would be willing to pay for additional canadrect labor-hours, what Is the highest direct labor rate per hour that optimal use of trained resource? co that the conp capacity (that Is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 1 Required 2 Required 5 How many direct labor hours are used to manufacture one unit of each of the company's five products? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Debbie Trish Sarah Mike Sewing Kit Direct labor hours per unit Required 1 Required 2 The Walton 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 year. The company has provided the following data: Selling Price Demand Next year (units) per Unit 72,000 64,000 57,000 Direct Materials Direct Product Labor Debbie $18.00 $4.90 $1.80 $9.74 $4.20 4.05 1.89 $ 6.75 $ 4.95 $ 1.44 Trish 6.50 Sarah Mike $ 30.00 $15.00 40,000 347,000 Sewing kit $10.20 $5.40 The following additional information is available: a. The company's plant has a capacity of 155,110 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $605,000 per year. Varlable overhead costs are $5 per direct 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. Required: 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 margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining 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 its 155,110 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Sarah Debbie Trish Mike Sewing Kit Variable overhead cost per unit Required 1 Required 3 The Walton 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 year. The company has provided the following data: Selling Price Demand Direct Direct Next year (units) per Unit 72,000 64,000 57,000 40,000 347,000 Materials Product Labor $ 4.05 $ 1.89 $ 6.75 $ 4.95 $ 1.44 Debbie $18.00 $ 6.50 $30.00 $15.00 $4.90 $1.80 $9.74 $4.20 $5.40 Trish Sarah Mike Sewing kit $10.20 The following additional Information is available: a. The company's plant has a capacity of 155,110 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $605,000 per year. Varlable overhead costs are $5 per direct 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. Required: 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 margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining 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 its 155,110 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 What is the contribution margin per direct labor-hour for each of the company's five products? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Sewing Kit Debbie Trish Sarah Mike Contribution Margin per DLH Required 2 Required 4 The Walton 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 year. The company has provided the following data: Selling Demand Next year Price (units) per Unit $18.00 6.50 Direct Direct Materials Product Labor Debbie $4.90 $1.80 4.05 1.89 72,000 Trish 64,000 ah Mi ke $4.20 $ 1.44 Sewing kit $10.20 $5.40 347,000 The following additional information Is avallable a. The company's plant has a capacity of 155,110 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $605,000 per year. Variable overhead costs are $5 per direct 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. Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products? 2. How much varlable overhead cost incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining resource, what company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 155,110 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? the highest total contribution margin that the Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? (Do not round intermediate calculations. Round your final answer to a whole dollar amount.) Highest total contribution margin Required 5 Required 3 The Walton 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 year. The company has provided the following data: Selling Demand Direct Materials Direct ar (units) ner Unit Product Labor $ 4.05 Debbie $18.00 6.50 $ 30.00 $15.00 $10.20 $4.90 $1.80 $9.74 72,000 64,000 57,000 40,000 347,000 Trish 1.89 $6.75 Sarah Mike $4,20 4.95 1.44 Sewing kit $5.40 The following additional information is available: a. The company's plant has a capacity of 155,110 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $605,000 per year. Varlable overhead costs are $5 per direct 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. Required: 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 margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining 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 its 155,110 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Assuming that the company has made optimal use of its 155,110 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Highest direct labor rate per hour per hour Required 4 Required 5