Beckam Paints makes and sells paint to home improvement stores. Beckam's only plant can produce up to 9 million cans of paint per year. Current annual production is 6 million cans. Fixed manufacturing. selling. and administrative costs total $8.4 million per year. The variable cost of making and selling each can of paint is $6.30. Stockholders expect a 10% annual return on the company's $39 million of assets. Read the muiremenls. Requirement 1. What is Beckam's current total cost of making and selling 5 million cans of paint? What is the current cost per can of paint? Select the formula labels and enter the amounts to calculate Beckam's current total cost and current cost per can of paint. [Enter currency amounts in dollars. not in millions. Enter unit values as whole numbers. not in millions. Round all currency amounts to the nearest whole dollar and round the cost per unit to the nearest cent: $X.XX.] anus; Requrrements Divided by: . What is Beckam's current total cost of making and selling 6 million cans of paint? What is the current cost per can of paint? Assume that Beckam is a pricetaker and the current wholewle market price is $130 per can of paint. What is the target total of cost in producing and selling 6 million cans of paint? Given Beckam's current total costs, will the company reach stockholders' profit goals? Continuing with Requirement 2. let's say that Beckam has found ways to reduce its total xed costs by $320000. What is the target variable cost per can of paint? Suppose Beckam plans to spend an additional $1 .8 million on advertising to differentiate its product in order to increase sales volume to 6.5 million cans and become more of a pri cesetter. Assume that Beckam did reduce its total xed costs by $320,000 as stated in Requirement 3 but could not find ways to save on its variable costs. What is the costplus price for a can of paint under these conditions? Total cost per unit Current total costs Fixed costs Number of units Revenue at market price Total variable costs Target full cost