Solt and Cuddly Friends (SCP) produces soft dolls. Demand for the dolls is increasing and management wants you to enly economical sales and production mix for the coming year. The following information is available: 29.000 66,000 55,100 $ 35.00 63,200 132,000 $15.00 $ 21.00 Desand (unit) Price per unit Variable costs Directorio Direct Labour 2. 5.10 9.10 . 2.00 2.30 2.0 The following additional information is available: a. The company's plant has a capacity of 120.000 direct labour hours per year on a single hit basis. The company present employees and equipment can produce all five products b. The direct labour rate is $14 per hour this rate is expected to remain unchanged during the coming year. Fixed manufacturing costs amount to $770.000 per year Variable overhead costs 55 per direct labour hou, d All of the company's sales and administrative costs are fined Required: 1. How many total direct labour-hours will be required to produce the units estimated to be sold during the coming year? Show your computations (Round your answers to 2 decimal places) OLH Per Unit Sotty Friendly Goody Less 2. Keeping in mind the direct labour-hour capacity, what should be the company's product mix for the upcoming year? Prepare a schedule in support of your recommendation, (Round "Per Unit" to 2 decimal places) Product Direct Labour Hour Por Unit Total Hours Softy Friendly Goody Besty Lovey Total hours required hours hours hours [hours hours 3. What is the highest price in terms of a rate per hour that SCF would be willing to pay for additional capacity ile for added det Tabour time)? Highest ce per hour 4. Assume again that the company does not want to reduce sales of any product Identity ways the company could obtain the additional output. (You may select more than one answer. Single click the box with the question mark to produce a check marker o correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boses left with question mark will be automatically graded as incorrect.) ? Adding another shift 2 Contracting out some work to outside suppliers 2 Employing additional labour force 2 Expanding the workforce 2 Eliminating wasted labour time in the production process ? Utilizing the unutilized capacity 2 Working overtime Solt and Cuddly Friends (SCP) produces soft dolls. Demand for the dolls is increasing and management wants you to enly economical sales and production mix for the coming year. The following information is available: 29.000 66,000 55,100 $ 35.00 63,200 132,000 $15.00 $ 21.00 Desand (unit) Price per unit Variable costs Directorio Direct Labour 2. 5.10 9.10 . 2.00 2.30 2.0 The following additional information is available: a. The company's plant has a capacity of 120.000 direct labour hours per year on a single hit basis. The company present employees and equipment can produce all five products b. The direct labour rate is $14 per hour this rate is expected to remain unchanged during the coming year. Fixed manufacturing costs amount to $770.000 per year Variable overhead costs 55 per direct labour hou, d All of the company's sales and administrative costs are fined Required: 1. How many total direct labour-hours will be required to produce the units estimated to be sold during the coming year? Show your computations (Round your answers to 2 decimal places) OLH Per Unit Sotty Friendly Goody Less 2. Keeping in mind the direct labour-hour capacity, what should be the company's product mix for the upcoming year? Prepare a schedule in support of your recommendation, (Round "Per Unit" to 2 decimal places) Product Direct Labour Hour Por Unit Total Hours Softy Friendly Goody Besty Lovey Total hours required hours hours hours [hours hours 3. What is the highest price in terms of a rate per hour that SCF would be willing to pay for additional capacity ile for added det Tabour time)? Highest ce per hour 4. Assume again that the company does not want to reduce sales of any product Identity ways the company could obtain the additional output. (You may select more than one answer. Single click the box with the question mark to produce a check marker o correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boses left with question mark will be automatically graded as incorrect.) ? Adding another shift 2 Contracting out some work to outside suppliers 2 Employing additional labour force 2 Expanding the workforce 2 Eliminating wasted labour time in the production process ? Utilizing the unutilized capacity 2 Working overtime