Benoit,

Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31,

2017.

(Click the icon to see the account information.)

Benoit,

Inc., produced

70,000

units of product in

2017.

Benoit's

management is estimating costs for

2018

on the basis of

2017

numbers. The following additional information is available for

2018.

Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017. (Click the icon to see the account information.) Benoit, Inc., produced 70,000 units of product in 2017. Benoit's management is estimating costs for 2018 on the basis of 2017 numbers. The following additional information is available for 2018. (Click the icon to see the additional information.) Read the requirements. Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2018. Estimate total manufacturing costs for 2018. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2018. Variable unit [( x ) = ] * = cost in 2018 Account Classification Amount All variable $ 350,000 Direct materials Direct manufacturing labor All variable 280,000 Power All variable 70,000 15% variable 70,000 Supervision labor Materials-handling labor 60% variable 52,500 Maintenance labor 50% variable 70,000 Depreciation 0% variable 92,000 Rent, property taxes, and administration 0% variable 105,000 a. Direct materials prices in 2018 are expected to increase by 4% compared with 2017. b. Under the terms of the labor contract, direct manufacturing labor wage rates are expected to increase by 8% in 2018 compared with 2017. c. Power rates and wage rates for supervision, materials handling, and maintenance are not expected to change from 2017 to 2018. d. Depreciation costs are expected to increase by 7%, and rent, property taxes, and administration costs are expected to increase by 10%. e. Benoit expects to manufacture and sell 75,000 units in 2018