11 Canton Company produces and sells toasters. The following unit cost information assumes a production and sales volume of 16,400 units Direct materials 166 points $12.50 Direct labor 9.50 Variable overhead 2.70 Fixed overhead 3.70 Variable selling and administrative costs Fixed selling and administrative costs 8.00 5.40 Book Prin References Required: a. Compute the budgeted selling price per unit assuming Canton uses a cost-plus pricing strategy and a markup equal to 75% of production cost Note: Round your answer to 2 decimal places. b. Compute the firm's total fixed costs. c. Compute the firm's contribution margin per unit given the budgeted selling price you computed in Requirement 1 Note: Round your answer to 2 decimal places. d. Compute the firm's break-even point in units and dollars, using the selling price you calculated in Requirement 1 Using the unit contribution margin, compute the firm's estimated profit if 16.400 units are sold Budgeted selling price $ 73.15 per unit b. Total fxed costs $ 149.240 Contribution margin S 40 45 per unit d Break even polet 3.690 units d Break-even sales $ 269.924 Estimated prot $ 514,140