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: Product Debbie Trinh Sarah Mike Sewing kit Demand Next selling year Price Direct (units) per Unit Materials 63,000 $21.00 $5.60 55,000 $ 7.50 $2.40 40,000 $36.50 $8.39 48.000 $16.00 $3.30 338.000 $9.30 $4.50 Direct Labor $.4.20 $1.44 $ 7.80 $5.40 $0.84 The following additional Information is available: a. The company's plant has a capacity of 94,310 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 $12 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $650,000 per year . Variable overhead costs are $4 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 94,310 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 Mike 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.) Debbio Trish Sarah Sewing Kit Direct labor hours per unit Required Required 2 > D The Walton Toy Company manufactures a line of dolls and a sewing kit Demand for the company's products is increasins. and management requests assistance from you in determining an economical sales and production mix for the coming yent. The company has provided the following data Product Debbie Trish Sarah Mike Seving kit Demand Next Selling year Price Direct (unit) per Unit Materials 63,000 $21.00 $5.60 55,000 $7.50 $2.40 48.000 636.50 58.39 40.000 $16.00 $3.30 338.000 $9.30 $4.50 Direct Labor 3.4.20 $1.44 $ 7.50 $ 5.40 $0.84 The following additional Information is available: a. The company's plant has a capacity of 94,310 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 $12 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $650,000 per year. Variable overhead costs are $4 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 94,310 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 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.) Debbie Trish Sarah Mike Sewing Kit Variable overhead cost per unit The Walton Toy Company manufactures a line of dolls and a sewing kit Demand for the company's products is increas 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: Product Debbie Teis Sarah Nike Beving kit Demand Belling year Prie Direct unts per Unit Hateriais 53,000 521.00 $5.60 55,000 $ 7.50 $2.40 48,000 $36.50 $8.39 48.000 $16.00 $3.30 338.000 $9.30 $4.50 Direet Labor $.4.20 $1.44 $ 7.80 $5.40 $ 0.80 The following additional Information is available: a. The company's plant has a capacity of 94,310 direct labor-hours per year on a single-shift basis. The company's pre employees and equipment can produce all five products. b. The direct labor rate of $12 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $650,000 per year. Variable overhead costs are $4 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 mar- 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 94,310 direct labor-hours, what is the highest direct labor 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 intermediat calculations. Round your answers to 2 decimal places.) Debbie Trish Mike Sewing Kit Contribution Margin per DLH Sarah 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 Demand Next selling year Price Direct Direct Product (units per Unit Materials Labor Debbie 63.000 $21.00 $5.60 5.4.20 35,000 $7.50 $2.40 $1.4 Sarah 40,000 $36.50 $ 7.80 Mike 48,000 $16.00 $3.30 5 5.40 Seving kit 338,000 $9.30 54.50 $0.84 The following additional information is available: a. The company's plant has a capacity of 94,310 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 $12 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $650,000 per year. Variable overhead costs are $4 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 94,310 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 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 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: Product Debbie Demand Helling Price Diret Direct units per unit tribu 63,000 21.00 85.80 6.30 35.000 7.50 $2.00 48.000 536.50 08.39 37.80 48,000 816.00 3.30 8.5.40 338.000 $9.30 4.50 0.84 Sarah Mike Seving it The following additional information is available: a. The company's plant has a capacity of 94,310 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 $12 per hour is expected to remain unchanged during the coming year, c. Fixed manufacturing costs total $650,000 per year. Variable overhead costs are $4 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 94,310 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 94,310 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 answer to 2 decimal places.) Highest direct labor rate per hour