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Life Master produces two types of exercise treadmills: regular and deluxe. The exercise craze is such that Life Master could use all its available machine hours to produce oither model. The two models are processed through the same production departments. Data for both models are as follows: (Click the icon to view the data.) Read the recuirements. Requirement 1. What is the constraint? Life Master's constraint is Requirement 2. Which model should Life Master produce? (Hint: Use the allocation of fixed manufacturing overhead to determine the proportion of machine hours used by each product.) Life Master should produce the product with the highest contribution margin per unit of the constraint . Now prepare the product mix analysis by starting with the contribution margin per unit. Next, calculate the proportion of machine hours used. Life Master produces two types of exercise treadmills: regular and deluxe. The exercise craze is such that Life Master could use all its available machine hours to produce either model. The two models are processed through the same production departments. Data for both models are as follows: (Click the icon to view the data.) Read the requirements. Next, calculate the proportion of machine hours used. Finally, calculate the contribution margin per machine hour. Data table Life Master produces two types of exercise treadmills: regular and deluxe. The exercise craze is such th could use all its available machine hours to produce either model. The two models are processed throug production departments. Data for both models are as follows: (Click the icon to view the data.) Requirements 1. What is the constraint? 2. Which model should Life Master produce? (Hint: Use the allocation of fixed manufacturing overhead to determine the proportion of machine hours used by each product.) 3. If Life Master should produce both models, compute the mix that will maximize operating income