The Walton Toy Company manulactures a fine of dolls and a sewing kit. Demand for the company's products is increosing, and management requests assistance from you in determining an econonical sales and prodaction mix for the coming year. The compiny has provided the following data: The fotlowing additionaf information is ovallable: a. The company's plant has a capacity of 84,160 direct labor hours per yeat on a single-shilt basis. The company's present employees and equpment can produce all five products. th. The direct labor rate of $12 ger hour is expected to rersain unchanged during the coming year. c. Fixed manufacturing costs total $640,000 per year. Variable pverhead costs are $3 per direct labor hour. d. All of the compary's nonmanufacturing costs are fived. e. The company's finishied goods inventory is negllyitle and can be ignored. Required: 1. How many direct labor hours are used to manufacture one unit of each of the conryarry's five products? 2. How much variable overhead cost is incurred to manufacture one tinit of each of the company's five products? 3. Whiat is the contsibution margin per direct labor hour for each of the comparry's five products? 4. Atsuming that direct lobor-hours is the companys constraining resource, what is the highest fotat contribillion margin that the company can earn if it makes optimal use of us constrained resource? 5. Assaming that the company has made optimal use of its 84.160 diect bbot houss. what is the highest direct labor rate per houir that Wallon Toy Coengany would be wiling to pay for adiditional cipacity (ikat is, for added direct labor firne)? Required: L. Haw many direct labor hours are used to manufacture one unit of eacho 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 trit direct labor hours is the company's constraining resource. what is the highest total contribution mhargin that the compary can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 84.160 direct labor-hours. what is the highest direct lahor rate per hour than Waiton Toy Company would be willing to pay for additional capacity (that ls. for added direct labor time)? Camplete this question by entering your answers in the tabs below. How many direct labor hours are used to mankifacture one unit of each of the company's five products? (Do enot round. intermediate calculations. Hound yoar answers to 2 decimal places.)