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: The foliowing additional information is available a. The company's plant has a capacity of 116.330 direct labot-hours per year on a single-shift basis. The comparty'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 \$535,000 per year Variable ovethead costs are \$2 per direct labor-hour. d. All of the company's nonmanufacturing costs are fixed. e. The company s firished goods inventaty is negligibie and can be ignored Required: 1. How many direct labor hours are used to manufacture one unit of each of the companys five products? 2. How much vatiable overhead cost is incurred to manufacture one unit of each of the company's frve 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 compamy can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 116,330 direct labor-hours, what is the highest direct labor rate per hour that Waiton Toy Company would bewilling to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Assuming that the company has made optimal use of its 116,330 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy company would be willing bo pay for additlonal capacity (that is, for added dilect labor time)? equired: How many direct labor hours are used to manufacture one unit of each of the company's five products? How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? What is the contribution margin per direct labor-hour for each of the company's five products? 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 116,330 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. How many direct labor hours are used to manufacture one unit of each of the company's five products? (Do not round intertnedate calcutations. Round your anewers to 2 decimal places.) Required: 1. How nhany direct labot hours are used to manufacture one unit of each of the company's five products? 2. How mech variable overhead cost is incurred to manufacture one unit of each of the compariy'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 fesource, 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 116,330 direct labor-hours, what is the highest direct labor rate per hour that Walton Tay Company would be willing to pay for additional capacity fthat is, for added direct labor time)? Complete this question by entering your answers in the tabs below. How much vatiable overhead cost is incurred to manufacture one unit of each of the campany's five products? (Da not roche intertheflate calciblitiont, Round your answers to 2 dicima placeif? 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 eam if it makes optimal use of its constrained resource? 5 Assuming that the company has made optimal use of its 116,330 direct labor-hours. what is the highest direct labor rate per hour that Wolton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? Campletes this question by entering your answers in the tabe below. What is the cantribution margin per direct lobor-hour for each of the company? five producte? (Po not round intertnediate zequired: How many direct labor hours are used to manufacture one unit of each of the company's five products? 2. How much variable oyerhead 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 eam if it makes optimal use of its constrained resource? 5. Assurning that the company has made optimal use of its 116,330 direct labor-hours, what is the highest direct labor rate per hour that Waiton Toy Compary would be wiling to pay for additional capacity (that is, for adided direct labor time)? Complete this question by entering your answers in the tabs below. Ascuming that direet labor-hours is the compamy's constraining resource, what is the hilghest total contribution margin that the comptry car earn if it makes optimal use of its constrained respurce? (Do not round intermetible calculations, Round Yout finat ardewerito a whole dollar amount,y 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 116.330 direct labor-hours, what is the highest direct labor rate per hour t 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. Assaming that the company has made optimal use of its 116,330 direct labor-fiours, what is the highest direct fabor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is for aded direct abor time)? Do not
