1. Determine the contribution margin perd direct labor hour expended on each product

2. Calculate the total direct labor hours that will be required to produce the units estimated to be sold during the coming year

3. Based on response to requirement 1&2 how much of 120, 140 direct labor hours of capacity will be allocated to Walton Toy companys various product?

4. What is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resources?

5. What is the highest price, in items of rate per hour, that the Walton toy company would be willing to pay for additional capacity? ( that is for added direct labor time

IEone So Tar IS COrec you may hot have completed everything value: 60.00 points The Walton Toy Company manufactures a line of dolls and a doll dress sewing kit. Demand for the dolls 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: d Selling Next year PriceDirectDiredt (units)per Unit Materials Labor 56,000$28.50$4.90$4.40 48,000 6.50 $1.70$1.28 41,000$40.50 $7.34 $6.80 32,000 $16.00 $2.60$5.20 331,000$ 8.60 $3.80 $0.88 uc Trish Sarah Mike Sewing kit The following additional information is available: a. The company's plant has a capacity of 120.140 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $8 per hour is expected to remain unchanged during the coming year c. Fixed costs total $580,000 per year. Variable overhead costs are $5 per direct labor-hour d. All of the company's nonmanufacturing costs are fixed e. The company's finished goods inventory is negligible and can be ignored 1. Determine the contribution margin per direct labor-hour expended on each product. (Do not round intermediate calculations. Round your answers to 2 decimal places.)