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CompuDesk,Inc., makes an oak desk specially designed for personal computers. The desk sells for $1,000.Data for last year's operations follow: Sales (1,000 units)$1,000,000 Direct materials

CompuDesk,Inc., makes an oak desk specially designed for personal computers.

The desk sells for $1,000.Data for last year's operations follow:

Sales (1,000 units)$1,000,000

Direct materials used 400,000

Direct labor200,000

Variable manufacturing overhead 150,000

Fixed selling and administrative costs50,000

Variable selling and administrative 70,000

Fixed manufacturing overhead100,000

Required:(20 pts.)

1.Compute the total manufacturing cost of goods sold

2.Compute the contribution margin

3.Compute the gross margin or gross profit

4.Compute the operating income or loss

5.What is the company's break-even point in number of units sold?

6.What is the company's break-even point in $ sales?

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