EXERCISE 12-8 Utilizing a Constrained Resource [103] Pase 570 Page 570 Outdoor Luggage Inc. makes high-end, hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Main content Ski Golf Guard Guard Fishing Guard $200 $300 $255 Selling price per unit Variable cost per unit Plastic injection moulding machine processing time required per unit $60 $140 $55 2 min. 5 min. 4 min. Kgs of plastic pellets per unit 7 kg 4 kg 8 kg Required: 1. The total time available on the plastic injection moulding machine is the constraint in the production process. Which product would be the most profitable use of this constraint? Which product would be the least profitable use of this constraint? 2. A severe shortage of plastic pellets has required the company to cut back its production so much that the plastic injection moulding machine is no longer the bottleneck. Instead, the constraint is the total available kilograms of plastic pellets. Which product would be the most profitable use of this constraint? Which product would be the least profitable use of this constraint? 3. Which product has the largest unit contribution margin? Why wouldn't this product be the most profitable use of the constrained resource in either case