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The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the companys products is increasing, and ma

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Answer #1
1)
Debbie Trish Sarah Mike Sewing kit
direct labor cost per unit 2.1 0.78 3.9 2.7 0.48
direct labor rate per hour 6 6 6 6 6
direct labor hrs per unit 0.35 0.13 0.65 0.45 0.08
2) variable overhead cost incurred
Debbie Trish Sarah Mike Sewing kit
variable overhead cost per hour 3 3 3 3 3
direct labor hours per unit 0.35 0.13 0.65 0.45 0.08
variabe overhead cost incurred 1.05 0.39 1.95 1.35 0.24
3) total contribution margin
Selling price 26 7.5 41.5 11 8.8
less:Variable costs
direct materials 5.1 1.9 7.64 2.8 4
direct labor 2.1 0.78 3.9 2.7 0.48
variable overhead 1.05 0.39 1.95 1.35 0.24
total variable costs 8.25 3.07 13.49 6.85 4.72
contribution margin per unit 17.75 4.43 28.01 4.15 4.08
direct labor hours per unit 0.35 0.13 0.65 0.45 0.08
contribution margin per hours 50.71 34.08 43.09 9.22 51.00 answer
Ranking 2 4 3 5 1
4) DLH per estimated total
product unit sale units hours
Debbie 0.35 58,000 20300
trish 0.13 50,000 6500
Sarah 0.65 43,000 27950
mike 0.45 24,000 10,800
sewing kit 0.08 333,000 26640
total hours required 92,190
Allocated units contribut total
total produced per unit contribution
product hours
Debbie 20,300 58,000 17.75 1029500
trish 6,500 50,000 4.43 221500
Sarah 27,950 43,000 28.01 1204430
mike 10,800 24,000 4.15 99600
sewing kit 26,640 333,000 4.08 1358640
total hours required 92,190 3913670 answer
5)
highest price will be   $6direct labor rate +$9.22 contribution margin per hours
15.22 answer
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