A) A product's unit selling price is $5,000, it's cost of materials used is $1,050, direct labor incurred is $875, & manufacturing overhead applied is $350. Selling, general, & admin expenses for the period were $10,000, R&D expenses were $1200, & advertising expenses were $1300 for the period. 1) Calcuate the product's cost per unit (manufacturing, product cost, i.e. COGS) & total operating expenses (period). 2) Calculate the product's gross margin per unit. 3) Calculate the product's gross margin ratio. 4) What would the total operating income be if 20 products were made & sold?

A) A product's unit selling price is $5,000, it's cost of materials used is $1,050, direct labor incurred is $875, \& manufacturing overhead applied is $350. Selling, general, \& admin expenses for the period were $10,000,R&D expenses were $1200,& advertising expenses were $1300 for the period. 1) Calcuate the product's cost per unit (manufacturing, product cost, i.e. COGS) \& total operating expenses (period). 2) Calculate the product's gross margin per unit. 3) Calculate the product's gross margin ratio. 4) What would the total operating income be if 20 products were made \& sold