Vollmer Manufacturing makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper and a grinder. The times (in minutes) required on each machine are as follows: Machine Component Shaper Grinder 1 6 4 4 2 3 4 5 2 The shaper is available for 120 hours, and the grinder for 110 hours. No more than 250 units of component 3 can be sold, but up to 1,000 units of component 1 and up to 1,000 units of component 2 can be sold. In fact, the company already has orders for 550 units of component 1 that must be satisfied. The per unit selling price and per unit variable costs for each of the three components are as follows: Component Selling price Material Cost Labor Cost 1 $25 $12 $5 2 $18 $8 $4 3 $27 $13 $5