This is one question with 3 parts

portsmouth Company makes upholstered furnitung (is bon y variable cost is direct materials. The demand for the company's products far exceeds its manufacturing capacity. The bottle ne of (or gonstrant in the production process is upholstery labor-hours. Information goncerning three of Portsmouth's products appecansilbe own Required: 1. Portsmouth is considering paying its upholstery laborers hourly alompensation. in a delition to thein usual salaries, to work overtime. Assuming that this extra time would be used to piroduce sofas, up to how much of an overtime rate per hour should the company be Willing to pay to keep the upholstery shop open affter normal working hours? 2. A small nearby upholstering company has offered to upholstern furniture for Portsmouth at a price of $47 per hour. The management of Portsmouth is confident that this upholstering company s work is high quality and their craftsmen can work as quickly as Portsmouth's own craftsmen on the simpler upholstering jobs such as the Love Seat. How much additional contribution margin per nour can Portsmouth earn if it hines the nearby upholstering company to make Lovel Seats? 3. Should Portsmouth hire the nearby upholstering company? Complete this question by entering your answers in the tabs below. Portsmouth is considering paying its upholstery laborers houHly compensation, in addition to their usual salaries, to work overtime. Assuming that this extra time would be used to produce sofas, up to how much of an overtime rate per hour should the company be willing to pay to keep the upholstery shop open after normal working hours? Portsmouth Company makes upholstered furniture. Its gnly variable cost is direct materials. The demand for the company's products far exceeds its manufacturing capacity. The bottleneck or constralnt) in the production process is upholstery labor-hours. Information concerning three of Portsmouth's products appears below: Required: 1. Portsmouth is considering paying its upholstery laborers hourly compensation, in addition to their usual salaries, to work overtime. Assuming that this extra time would be used to produce sofas, up to how much of an overtime rate per hour should the company be willing to pay to keep the upholstery shop open after normal working hours? 2. A small nearby upholstering company has offered to upholster furniture for Portsmouth at a price of $47 per hour. The management of Portsmouth is confident that this upholstering company's work is high quality and their craftsmen can work as quickly as Portsmouth's own craftsmen on the simpler upholstering jobs such as the Love Seat. How much additional contribution margin per hour can Portsmouth earn if it hires the nearby upholstering company to make Love Seats? 3. Should Portsmouth hire the nearby upholstering company? A small neanby upholstering company has offered to upholster furniture for Portsmouth at a price of $47 per hour. The management of Portsmouth is confident that this upholstering company's work is high quality and their craftsmen can work as quickly as Portsmouthis own oraftsmen on the simpler upholstering jobs such as the Love seat. How much additional contribution margin per houn can Portsmouth earn if it hires the nearby upholstering company to make Love Seats? Portsmouth Company makes upholstered furniture. Its only Nariable cost is direct materials. The demand for the company's products far exceeds its manufacturing capacity. The bottleneck (or constraint) in the production process is upholstery labor-hours. Information concerning three of Portsmouth's products appears belowit Required: 1. Portsmouth is considering paying its upholstery laborers hourly compensation, in addition to their usual salaries, to work overtime. Assuming that this extra time would be used to produce sofas, up to how much of an overtime rate per hour should the company be willing to pay to keep the upholstery shop open after normal working hours? 2. A small nearby upholstering company has offered to upholster furniture for Portsmouth at a price of $47 per hour. The management of Portsmouth is confident that this upholstering company's work is high quality and their craftsmen can work as quickly as Portsmouth's own craftsmen on the simpler upholstering jobs such as the Love Seat. How much additional contribution margin per hour can Portsmouth earn if it hires the nearby upholstering company to make Love Seats? 3. Should Portsmouth hire the nearby upholstering company? Complete this question by entering your answers in the tabs below. Should Portsmouth hire the nearby upholstering company