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1 8 competition's comparable workbench sells for $ 1 , 1 4 0 . Sam determined that a price drop to $ 1 , 1

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competition's comparable workbench sells for $1,140. Sam determined that a price drop to $1,140 would be necessary to protect its market share and maintain an annual sales level of 13.200 workbenches.
Cost data based on sales of 13,200 workbenches:
\table[[,Budgeted,Actual,],[Direct materials (pounds),Quantity,Quantity,Actual cost],[Direct labor (hours),176,000,169,000,$3,451,000
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