Carmichael Industries in in the process of analyzing its costs. Carmichael sells its product for $50 per unit. After Class Practice 2-1 (2 HW grades) Costs for the last six months are given below: Manufacturing Administrative Selling Costs Costs Costs Units Sold July $450,000 August $330,000 $69,000 23,000 515,000 364,000 79,200 26,400 September 425,000 290,000 57,000 19,000 October 448,000 316,000 64,800 21,600 November 527,000 370,000 81,000 27,000 December 437,000 294,000 58,200 19,400 1. Determine if manufacturing, administrative, and selling costs are mixed, fixed, or variable. SHOW WORK! 2. Using the high low method, compute the variable cost per unit and the total fixed costs for the mixed costs. List each cost individually. Do not combine variable and fixed costs into one number. 3. Carmichael is anticipating sales of 22,500 units in January. Prepare a contribution margin income statement with percentages and unit costs. List each variable cost and each fixed cost. 4. Carmichael is anticipating a drop in sales of 2,000 units in February. Without preparing an income statement, how much will operating income fall? SHOW WORK