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Balance Cabinet Makers (BCM) has a factory that produces custom bathroom cabinets. It has multiple product lines. Materials and labor for the cabinets are determined

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Balance Cabinet Makers (BCM) has a factory that produces custom bathroom cabinets. It has multiple product lines. Materials and labor for the cabinets are determined by each job. To simplify the assignment, we will assume the following average costs The following information highlights BCM's cost structure for 2022. The materials include $1,500 for the wood and other materials on a per job basis. It requires 20 hours of labor on average for a custom bathroom. The hourly rate is $14. The sales price will be set at a markup of 75%. The company estimates that it will have 20,000 direct labor hours in total for the bathroom cabinets. It assumes 1,000 units are sold on average per year. A breakdown of estimated yearly costs related to the bathroom cabinets follows: Salaries-office & administrative Salaries for factory supervisors, janitor and security Office Rent Factory Rent Office Utilities and Misc office expenses(based on units sold) SalesTravel(based on units sold) Insurance - office Depreciation - office equipment Depreciation for factory equipment Advertising Sales commissions(based on units sold) Factory Property taxes Maintenance for factory equipment Hint: you will need to distinguish between product vs. period costs and variable vs fixed costs. Please do not forget all costs for this company(not just the ones listed above in the table) $375,000 $ 180,000 $ 125,000 $ 25,000 $ 10,000 $ 24,000 $ 12,000 $ 40,000 $ 70,000 $ 20,000 $ 45,000 $ 10,000 $ 80,000 3. Prepare a Job Order Cost sheet for the following custom bathroom: Materials $4,500 and 25 hours of labor. Calculate the sales price based on your cost calculations. DO NOT USE THIS CALCULATION FOR ANYTHING ELSE

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