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Computational - 100 pts: Please, solve cach of the following first 4 Exercises (1.2.), required), and one of the two other problems (5 or 6).

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Computational - 100 pts: Please, solve cach of the following first 4 Exercises (1.2.), required), and one of the two other problems (5 or 6). EXERCISE 1 (27 pts) 2018: The Leonardo Company had the following functional income statement for the month of July Amount $400,000 Permit $ 20.00 3.00 2.00 $60,000 40.000 120,000 50,000 Sales ($20 x 20,000 units) Costs of goods sold: Direct materials Direct labor Variable factory overhead Fixed factory overhead Gross profit Selling and administrative expenses: Variable Fixed Operating income $130.000 $20,000 50,000 (20.000) $60.000 There were no beginning and ending inventories. Required: a. Compute the variable cost per unit and total fixed cost (3 pts)

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