D Question 24 5 pts Beck Industries, Inc. builds parts for large automated heavy equipment. The Vice President for Marketing has determined that sales are dwindling for the firm's products because of aggressive pricing by competitors. Beck Industries sells the product for $750 whereas the competition's comparable part is selling in the $670 range. The VP for Marketing has determined that a price drop to $650 is necessary to regain market share and annual sales of 1,200 units. Data based on sales of 1,200 units is as follows: Direct materials (sheet metals) Direct labor Budgeted Actual Cost Amount Amount 8,000 10,000 $9.75 per sq.ft. sq.ft sq. ft. 5,000 33.60 per 4,800 hrs. hrs. hour 2,800 42.00 per 2,600 hrs. hrs. hour 3,600 34.00 per 3,200 hrs. hrs. hour Machine setups Mechanical assembly Problem 4.1 The current cost per unit is 1 O $650.00 O $420.50 O $421.25 $381.07