118 Question Completion Status. Question 6 5 points Save A Quality Chairs Incorporated (QC) manufactures chairs for industrial use. Laura Winters, the Vice President for Marketing at QC, concluded fror market analysis that sales were dwindling for QO's standard three-foot chair due to aggressive pricing by competitors. QC's chairs sold for $55 whereas the competition's comparable chair was selling for $495. Winters determined that a price drop to $495 would be necessary to regain market share and reach a targeted annual sales level of 10,000 chairs. Cost data based on sales of 10,000 chairs: Budgeted Quantity Actual Quantity Actual Cost Direct materials (board feet) 88,000 79,500 $ 1,250,000 Direct labor (hours) 71,350 73.776 875.000 Machine hours (hours) 11,400 11,250 250.000 Finishing and packing (hours) 6.500 6,400 125,000 If the profit per unit is maintained, the target cost per unit is