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: De New Seng Wic Correct Product year (units) Der Unit Materials Direct Labor Debbie 59,00 $ 0.00 13.20 $ 2:30 Trish $1,000 $7.00 $ 2.000 50.70 Sarah 44,00 $ 42.00 $ 7.79 14.20 Mike 54.500 $12.00 5.2.90 $ 2.0 Sewing kit 334,000 $ . $4.10 $ 0. The following additional information is available: a. The company's plant has a capacity of 76,800 direct labor-hours per year on a single-shift basis. The company's present employees b. The direct labor rate of 57 per hour is expected to remain unchanged during the coming year Fixed manufacturing costs total $610.000 per year Variable overhead costs are 54 per direct labor-hour 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 76.800 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: Resores 2 Record Fruire Required How many direct labor hours are used to manufacture one unit of each of the company's five products? Do not found intermediate calculations. Round your evento 2 decimal places) Direct 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 Price Product year (units) Der Unit Materials Direct Labor 59,00 $ 3e.ee $ 5.20 $ 2.10 Trash 51,000 $ 7.0 $ 2.00 $ 0.70 Sarah 44,000 $ 4.20 54, 5 $ 12.ee $ 2.90 $ 2.se Sewing kit $8.90 $ 4.10 $ 0.35 The following additional information is available: Debbie $42.ee $ 7.79 Mike a. The company's plert has a capacity of 75,800 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 S7 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total 5610.000 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-nour for each of the company's five products? 4. Assuming that direct labor-nours 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 76.800 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
