E5.7 - Using Excel to Determine Profitability Given a Constrained Resourc Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this templars. Input he wants to use her knitting skiI's to make a little extra money so she the required mathematical formulas or functions with cali references to in enjoy a thenre weekend with her besties, She's got the pattern the Problem area of work area as indicated. down for a hat. scart, and mittens, but she realizes that her available time is limited, She should be able to sell as many of any item as she can Calculate the contribution margin per unit of the souren resource for each wake, but she wants to make sure she's making the best use of her time. Icarn. Cost and time information are provided here. Hat Scarf Mittens Hat Scarf Mittens Contribution margin per Time in minutes 30 unit of scarce resource Cost of yarn per unit S Ann $ 6.00 5 4.10 Selling price per unit 15.DO 15.UD 15.00 Which item should Rachel fricus on in order to maximize her profitability and resources? The highest CM is