Abbott Suit (ASC) corporation manufactures BOTH nylon AND cotton jogging suits. On 1/1/20, Erin Rogers ESTIMATES the following fixed costs: ABBOTT SUIT CORPORATION USES DIRECT LABOR HOURS TO ALLOCATE DEPRECIATION AND RENT. If you want to use machine hours as an allocation base, what we the REQUIRED PROPERTIES of MACHINE HOURS: 1.Machine hours have to be 'recordable'. 2.Machine hours have to recordable on a nylon vs. cotton jogging suit basis. REQUIRED: 1. Calculate the number of nylon and cotton jogging suits that need to be SOLD to achieve a goal operating income of $100,000. ASC believes that for every nylon jogging suit sold TWO TIMES AS MANY cotton jogging suits will be sold (that is if 10 nylon jogging suits are sold, then 20 cotton jogging suits will be made). ASC estimates that it can sell nylon jogging suits for $250/ nylon jogging suit and cotton jogging suits for the same price of $250/ cotton jogging suit