Blue Ridge Manufacturing has a factory that produces cabinetry for the RV and marine market. The company has other 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 Blue Ridge Manufacturing's cost structure for 2020. I The materials include $2,200 for the wood and other materials on a per job basis. I It requires 20 hours of labor on average for the cabinetry. The hourly rate is $10. I The sales price will be set at a markup of 85%. I The company estimates that it will have 18,000 direct labor hours in total for the cabinets. I It assumes 900 units are sold on average per year. A breakdown of estimated yearly costs related to the cabinetry follows: Salaries ofce 3: administrative $ 520,000 Salaries for factory personal 35 320,000 Ofce Rent $ 125,000 Factory Rent $ 30,000 Utilities and Misc office expenses{based on units sold) $ 20,000 SalesTraveKbased on units sold) $ 24,000 Insurance ofce $ 12,000 Depreciation ofce equipment $ 40,000 Depreciation for factory equipment $ 7 0,000 Advertising $ 20,000 Sales commissionsrased on units sold) $ 45,000 Factory Property taxes $ 15,000 Maintenance for factory equipment $ 80,000