(A) Gab Company, which has only one product has provided the following data concerning its most recent month of operations: Selling price $106 Units in beginning inventory Units produced 2,600 Units sold 2,200 Units in ending inventory 400 Variable costs per unit: Direct materials $46 28 Direct labor Variable manufacturing overhead 2 7 Variable selling and administrative Fixed costs: Fixed manufacturing overhead $33,800 Fixed selling and administrative 8,800 The total gross margin for the month under the absorption costing approach is: B Alberto Technologies, manufacture and sells an electronic control device for $297. It has costs of $231 to manufacture it. A competitor is bringing a new electronic control device to market that will sell for $253. Marketing manager at Alberto believes it must lower the price to $253 to compete in the market for electronic control device. Marketing manager believes that the new price will cause sales to increase by 12%, even with a new competitor in the market. Alberto's sales are currently 6,000 units per year. What is the target cost per unit if the target operating income is 25% of sales? Buffo Company fabricates metal folding chairs. Data concerning the company's revenue and cost structure follow: Selling price per unit $35 Manufacturing cost $4,000 per month plus $17 per unit Administrative expense $2,500 per month plus $2.50 per unit Sales commissions 15% of sales Advertising expense $2,000 per month If Buffo plans to produce and sell 4,000 units next month, compute the expected gross margin/profit