Question: Please Help!! Problem 7-25 Utilization of a Constrained Resource [LO7-5, LO7-6 The Walton Toy Company manufactures a line of dols and a doll dress sewing

Please Help!!

Please Help!! Problem 7-25 Utilization of a Constrained Resource [LO7-5, LO7-6 TheWalton Toy Company manufactures a line of dols and a doll dress

Problem 7-25 Utilization of a Constrained Resource [LO7-5, LO7-6 The Walton Toy Company manufactures a line of dols and a doll dress sewing kit. Demand for the dolls is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Demand Seling Next year (units) Direct per Unit Trish Sarah Mke Sewing kt 49,000 42.000 45,500 332.000 $7.00 $41.00 $10.00 S 8.70 Materias S5.00 $1.80 $7.49 $2.70 $3.90 $1.50 $0.60 $3.00 $2.00 $0.35 The following additional information is available: a. The company's plant has a capacity of 80,520 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $5 per hour is expected to remain unchanged during the coming year. c. Fixed costs total $590,000 per year. Variable overhead costs are $2 per direct labor-hour d. All of the company's nonmanufacturing costs are foxed e. The company's finished goods inventory is negigible and can be ignored. Required: 1. Determine the contribution margin per direct labor-hour expended on each product. (Do not round intermediate calculations. Round your answers to 2 decimal places. Product Margin per DLH Debbie Trish Sarah Mike Sowing kit 2. Calculate the the total direct labor-hours that will be required to produce the units estimated to be sold during the coming year. (Do not round intermediate calculations.) l Hours Dobbie Trish Sarah Miko Sewing Kit Total hours required

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