Question: Please explain your answer step by stepFor question 2, choose between: ski Guard, Golf Guard, Fishing Guard and explain whyFor question 3, find the contribution
Please explain your answer step by stepFor question 2, choose between: ski Guard, Golf Guard, Fishing Guard and explain whyFor question 3, find the contribution margin per pound of the constrained resource per pound forSki Guard, Golf Guard and Fishing Guard For question 4 and 5, please tell us which product and explain why
Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Ski Golf Fishing Guard Guard Guard Selling price per unit 260 $ 330 $ 205 Variable cost per unit 120 $ 180 $ 135 Plastic injection molding machine processing time required to produce one unit 9 minutes 12 minutes 11 minutes Pounds of plastic pellets per unit 12 pounds 15 pounds 11 pounds Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? 2. Which product offers the most profitable use of the plastic injection molding machine? 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.) Ski Guard Golf Guard Fishing Guard Contribution margin per minute of the constrained resource per minute per minute per minute