Tuistuff, Inc., sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of the company's products is a heavy-duty corrosion-resistant metal drum, called the WVD drum, used to store toxic wastes. Production is constrained by the capacity of an automated weiding machine that is used to make precision weids. A total of 2,480 hours of weiding time is available annually on the machine. Because each drum requires 0.4 hours of weiding machine time, annual production is limited to 6,200 drums. At present, the welding machine is used exclusively to make the WVD drums. The accounting departmnt has provided the following financial data concerning the WVD drums: Management believes 7.500 WVD drums could be sold each year if the company had sufficient manufacturing capacity. As an alternative to adding another welding machine, management has considered buying additional drums from an outside supplier. Harcor Industries, Inc., a supplier of quality products, would be able to provide up to 5.200 WVD-type drums per year at a price of $210 per drum, which TufStuff would resell to its customers at its normal selling price after appropriate relabeling. Megan Flores. TufStuff's production manager, has suggested that the company could make better use of the welding machine by manufacturing bike frames, which would require only 0.5 hours of welding machine time per frame and yet sell for far more than the drums. Megan believes that TufStuff could sell up to 2,080 bike frames per year to bike manufacturers at a price of $359 each. The accounting department has provided the following data concerning the proposed new product: Compute the contribution margin per unit. [assume direct labor is a fixed cost] (Do not round intermediate calculations. Round your answers to 2 decimal places.) Compute the contribution margin per welding hour, [assume direct labor is a fixed cost] (Round your intermediate calculations and final answers to 2 decimal places.) Determine the number of WwD drums (If any) that should be purchased and the number of WvD drums and/or bilke frames (it any) that should be manufactured. [Assume direct labor is a flxed cost] What is the increase (decrease) in net operating income that would result from this plan over current operations? [Assume direct labor is a fixed cost] (Round your intermediate calculations to 2 decimal places. Round final answer to the nearest whole dollar value.) Compute the contribution margin per unit. [assume direct labor is a varlable cost] (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Compute the contribution margin per welding hour. [assume direct labor is a variable cost] (Round your intermedlate yalculations and final answers to 2 decimal places.) stemine the number of WVD drums (If any) that should be purchased and the number of WVD drums and/or bike frames ( y) that should be manufactured. [Assume direct labor is a variable cost] \begin{tabular}{|l||l|l||l|l|l|l||l|l|} \hline Req 1 & Req 2 & Req 3 & Req 4A & Req 4B & Req 5 & Req 6 & Req 7A & Req 7B \\ \hline \end{tabular} What is the increase (decrease) In net operating income that would result from this plan over current operotions? [Assume direct labor is a varlable cost] (Do not round intermediate calculations.) \begin{tabular}{|l|l|} \hline hroveses (decreses) in not cpeneting incomb \\ \end{tabular}