2- Calculate the Manufacturing Cost of Goods Sold for the month of April based on the appropriate information: Inventory balances for WIP and Finished Goods include material, direct labor and overhead. Beginning Inventories: Raw Material 3-Breakeven Analysis-remember to check your answer The Lattin Companies produces and sells pens. Currently 5,000,000 pens are sold per year at $0.50 per pen. Fixed costs are $900,000 per year. Variable costs are $0.20 per pen. 3A- What is the operating income before taxes? $20,000 Work in Process $40,000 Finished Goods $30,000 Ending Inventories: Raw Material $10,000 Work in Process $30,000 Finished Goods $35,000 Raw Material Purchases $100,000 WIP Direct Labor costs for April $80,000 WIP Manufacturing Overhead for April $50,000 April Advertising Expense $20,000 Incoming transportation costs for raw material $5,000 3B What is the sales quantity needed to breakeven or zero profit? 3C-What must the unit variable cost be in order to make profit before taxes of $400,000 based on the following assumptions: Selling price $0.50 Sales quantity 6,000,000 Fixed costs $800,000