Compute the Cost of Goods Manufactured by completing the Cost of Goods Manufactured Schedule using the following cost data and account balances: Coconut Flakes Purchase $ 20,000 Account Balances Oven Depreciation $ 10,000 Beg. Direct Materials $ 50,000 Computer Insurance $ 5,000 Ending Direct Materials $ 60,000 Bakery Security Guard Wages $ 20,000 Beg. Work-In-Process Inventory $ 10,000 Flour Purchased S 25,000 Beg. Finished Goods $ 6,000 Bakers Salaries $ 50,000 Ending Work-In-Process Inventory $ 5,000 Bakery Electricity $ 1,000 Ending Finished Goods $ 8,000 Eggs Purchased $ 30,000 Cookies Produced 110,000 cookies Corporate Headquarters Heating S 7,000 Cookies Sold 100,000 cookies Cookie Shipping $ 1,000 Actual Direct Labor Hours Used 500 hrs Butter Purchased $ 15,000 Baking Supervisor Salary $ 30,000 Sanitary Gloves Purchased (Worn by Bakers) $ Sugar Purchased $ 5,500 20,000 DATA Description Amount Sales price per unit Variable cost per unit Contribution margin per unit Total fixed costs Profit at breakeven Target profit Requirement 1 Use the contribution margin approach to compute the company's monthly breakeven in units. Breakeven in Units Requirement 2 Use the contribution margin ratio approach to compute the breakeven point in sales dollars. Contribution margin ratio Breakeven in Dollars Requirement 3 Use the contribution margin approach to compute the monthly sales level (in units) required to earn a target operating income of $5,000. Target sales level (in units) Requirement 4 Use the current sales volume to calculate the projected operating income. Sales Revenue Variable Costs Contirbution Margin Fixed Costs Operating Income