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 selling Next year Price Direct Direct Froduct (units) per Unit Materials Labor Debbie 75,000 $28.00 $ 5.20 54.80 Trish 67,000 $ 5.70 $ 2.10 5 1.16 Sarah 60,000 533.50 510.19 5 7:20 Mike 36,000 $18.00 $ 4.50 5 5.60 Sewing kit 350,000 $10.50 $ 5.70 $ 0.96 The following additional information is available: a The company's plant has a capacity of 164.990 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 58 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total 5635,000 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 tive 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 164.990 direct labor hours, what is the highest direct laborate per hour that Wahon 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. Terence 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 tive 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 164,990 direct labor-hours, what the highest direct laborate per hour that Walton Toy Company would be willing to pay for additional capacity (that is for added direct labor timely Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required How many direct laboe hours are used to manufacture one unit of each of the company five products? De not round intediate calculationsRound your answers to 2 decimal places) Dubble Trish Sarah Ma Sewing Oled tabor hours per unit Cingi Required 2 > alle products Vallale 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 tive 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 164,990 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: 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 (Dodot round intermediate calculations. Round your answers to 2 decimal places) Debble Trish Sara WS Sewing Kit Variable overhead cost per unit Utol each of the company's tive products widt the contribution margin per direct labor-hour for each of the companys five products 4. Assuming that direct labor-hours is the company's constraining resource, what is the highest total comotion 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 164990 direct labor hours. What is the highest direct laborate 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 Required 4 Required 5 What is the contribution margin per direct laborbour for each of the companys five product (De not round Internet calculations. Round your answers to 2 dedmal places) Debbie Trish Sarah M Sewing ko Contribution Margin per DLH SHIVE y ulatuitect 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 164,990 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 164,990 direct labor hours, what is the highest direct laborate 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 laborato per hour per hour