4 4.28 points Colt Company produces two skateboard models. Machine time per unit for Hero is...

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4 4.28 points Colt Company produces two skateboard models. Machine time per unit for Hero is two hours and for Flip is one hour. The machine's capacity is 1,920 hours per year. Colt can sell up to 692 units of Hero and 836 units of Flip per year. Selling prices and variable costs follow. eBook Selling price per unit Hero $ 150 Variable costs per unit 50 Flip $ 95 55 (a) Compute the contribution margin per machine hour for each product. Selling price per unit Hint Variable costs per unit Contribution margin per unit Machine hours per unit Print Contribution margin per machine hour Hero Flip $ 150 $ 95 50 55 $ 100 $ 40 2 1 50 $ 40 References (b) Determine the best sales mix of products. Hero Flip Total Units produced and sold for most profitable sales mix Hours required to produce most profitable sales mix 692 1,384 (c) Compute the total contribution margin for the best sales mix. Hero Flip Total Units produced for most profitable sales mix 692 Contribution margin per unit $ 100 $ 40 Total contribution margin $ 69,200 $ 0 4 4.28 points Colt Company produces two skateboard models. Machine time per unit for Hero is two hours and for Flip is one hour. The machine's capacity is 1,920 hours per year. Colt can sell up to 692 units of Hero and 836 units of Flip per year. Selling prices and variable costs follow. eBook Selling price per unit Hero $ 150 Variable costs per unit 50 Flip $ 95 55 (a) Compute the contribution margin per machine hour for each product. Selling price per unit Hint Variable costs per unit Contribution margin per unit Machine hours per unit Print Contribution margin per machine hour Hero Flip $ 150 $ 95 50 55 $ 100 $ 40 2 1 50 $ 40 References (b) Determine the best sales mix of products. Hero Flip Total Units produced and sold for most profitable sales mix Hours required to produce most profitable sales mix 692 1,384 (c) Compute the total contribution margin for the best sales mix. Hero Flip Total Units produced for most profitable sales mix 692 Contribution margin per unit $ 100 $ 40 Total contribution margin $ 69,200 $ 0