I only need help with #4 and #5, please.

Problem 13-27 (Algo) Volume Trade-Off Decisions [LO13-5, LO13-6] The Walton Toy Company manufactures four dolls and a sewing kit. It provided the following data for next year: The following additional Information is avallable: a. The company's plant has a capaclty of 144,000 direct labor-hours per year on a single-shift basls. Each employee and plece of equipment are capable of making all five products. b. Next year's direct labor pay rate will be $8 per hour. c. Flxed manufacturing costs total $595,000 per year. Varlable overhead costs are $3 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. Required: 1. How many direct labor-hours are used to manufacture one unit of each of the company's five products? 2. How much varlable overhead cost is Incurred to manufacture one unlt of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year If It makes optimal use of Its constrained resource? 5. Assuming next year the company makes optimal use of Its 144,000 direct labor-hours, what is the highest direct labor rate per hour Walton Toy Company should be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year if it makes optimal use of its constrained resource? Note: Do not round intermediate calculations. Round your final answer to a whole dollar amount. Problem 13-27 (Algo) Volume Trade-Off Decisions [LO13-5, LO13-6] The Walton Toy Company manufactures four dolls and a sewing kIt. It provided the following data for next year: The following additional Information is avallable: a. The company's plant has a capacity of 144,000 direct labor-hours per year on a single-shlft basls. Each employee and plece of equipment are capable of making all five products. b. Next year's direct labor pay rate will be $8 per hour. c. Flxed manufacturing costs total $595,000 per year. Varlable overhead costs are $3 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. Required: 1. How many direct labor-hours are used to manufacture one unit of each of the company's five products? 2. How much varlable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year If It makes optimal use of Its constrained resource? 5. Assuming next year the company makes optimal use of Its 144,000 direct labor-hours, what is the highest direct labor rate per hour Walton Toy Company should be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year if it makes optimal use of its constrained resource? Note: Do not round intermediate calculations. Round your final answer to a whole dollar amount. Problem 13-27 (Algo) Volume Trade-Off Decisions [LO13-5, LO13-6] The Walton Toy Company manufactures four dolls and a sewing kit. It provided the following data for next year: The following additional Information is avallable: a. The company's plant has a capaclty of 144,000 direct labor-hours per year on a single-shift basls. Each employee and plece of equipment are capable of making all five products. b. Next year's direct labor pay rate will be $8 per hour. c. Flxed manufacturing costs total $595,000 per year. Varlable overhead costs are $3 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. Required: 1. How many direct labor-hours are used to manufacture one unit of each of the company's five products? 2. How much varlable overhead cost is Incurred to manufacture one unlt of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year If It makes optimal use of Its constrained resource? 5. Assuming next year the company makes optimal use of Its 144,000 direct labor-hours, what is the highest direct labor rate per hour Walton Toy Company should be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year if it makes optimal use of its constrained resource? Note: Do not round intermediate calculations. Round your final answer to a whole dollar amount. Problem 13-27 (Algo) Volume Trade-Off Decisions [LO13-5, LO13-6] The Walton Toy Company manufactures four dolls and a sewing kIt. It provided the following data for next year: The following additional Information is avallable: a. The company's plant has a capacity of 144,000 direct labor-hours per year on a single-shlft basls. Each employee and plece of equipment are capable of making all five products. b. Next year's direct labor pay rate will be $8 per hour. c. Flxed manufacturing costs total $595,000 per year. Varlable overhead costs are $3 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. Required: 1. How many direct labor-hours are used to manufacture one unit of each of the company's five products? 2. How much varlable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year If It makes optimal use of Its constrained resource? 5. Assuming next year the company makes optimal use of Its 144,000 direct labor-hours, what is the highest direct labor rate per hour Walton Toy Company should be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Assuming direct labor-hours is the company's constraining resource, what is the highest total contribution margin the company can earn next year if it makes optimal use of its constrained resource? Note: Do not round intermediate calculations. Round your final answer to a whole dollar amount