1.Sampson Corporation is expecting to earn a profit of $180,000 in 2020. The company manufactures cell phones. Each phone requires variable costs of S13 for direct materials, $9 for direct labor, and $12 for overhead. Total variable costs are thus $34 per phone. Fixed costs for 2020 are expected to be $630,000. Each phone will sell for $79. Determine how many phones the company must sell to earn its targeted profit, and convert this amount to sales dollars. (25 points) a. b. Compute breakeven sales in dollars. (25 points) 2. Hudson International expects to earn a profit of $95,000 in 2020. The company manufactures ledger panels. Each lot of 100 blocks requires variable costs of $5.00 for direct materials, $3.50 for direct labor, and $4.50 for overhead. Total variable costs are thus $13 per lot. Fixed costs for 2020 are expected to be $130,000. Each hundred-block lot will sell for $33. a. Determine how many lots of ledger panel the company must sell to earn its targeted profit, and convert this amount to sales dollars. (25 points) b. Comipute breakeven sales in dollars (25 points)