4 Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's mostpopular models appear below.SkiGuard%24GolfGuard350 $150 $FishingGuard245105Selling price per unitVariable cost per unitPlastic injection molding machine processingtime required to produce one unitPounds of plastic pellets per unit260 $100 $%2$6 minutes 12 minutes 11 minutes15 pounds20 pounds12 poundsRequired:1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, howmuch 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 newconstraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrainedresource 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 1Required 2Required 3Required 4Required 5If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its newconstraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrainedresource is earned by each product? (Round your final answers to 2 decimal places.)Ski GuardGolf GuardFishing GuardContribution margin per pound of the constrainedresourceper poundper poundper pound< Required 2Required 4 > Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's mostpopular models appear below.SkiGuard260 $100 $GolfGuard350 $150 $FishingGuard245105Selling price per unitVariable cost per unitPlastic injection molding machine processingtime required to produce one unitPounds of plastic pellets per unit246 minutes 12 minutes 11 minutes15 pounds20 pounds12 poundsRequired:1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, howmuch 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 newconstraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrainedresource 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 1Required 2Required 3Required 4Required 5If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, howmuch contribution margin per minute of the constrained resource is earned by each product? (Round your final answers to 2decimal places.)Ski GuardGolf GuardFishing GuardContribution margin per minute of the constrainedresourceperminuteperminuteper minute< Required 1Required 2<>

Contribution margin per unit refers to the amount of revenue that a company's product generates…

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 Guard 24 24 Golf Guard 350 $ 150 $ Fishing Guard 245 105 Selling price per unit Variable cost per unit Plastic injection molding machine processing time required to produce one unit Pounds of plastic pellets per unit 260 $ 100 $ 6 minutes 12 minutes 11 minutes 15 pounds 20 pounds 12 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?