Edward Lewis, sales manager, and Ruth Lee, controller, at Current Designs are beginning to analyze the cost considerations for one of the composite models of the kayak division. They have provided the following production and operational costs necessary to produce one composite kayak. Kevlar Resin and supplies Finishing kit (seat, rudder, ropes, etc.) Labor Selling and administrative expenses-variable Selling and administrative expenses-fixed Manufacturing overhead-fixed $290 per kayak $116 per kayak $190 per kayak 43 $480 per kayak $464 per kayak $136,560 per year $278,400 per year Edward and Ruth have asked you to provide a cost-volume-profit analysis, to help them finalize the budget projections for the upcoming year. Edward has nformed you that the selling price of the composite kayak will be $2,320.

Please determine variable costs per unit, margin of safety and margin of safety ratio

Edward Lewis, sales manager, and Ruth Lee, controller, at Current Designs are beginning to analyze the cost considerations for one of the composite models of the kayak division. They have provided the following production and operational costs necessary to produce one composite kayak. Edward and Ruth have asked you to provide a cost-volume-profit analysis, to help them finalize the budget projections for the upcoming year. Edward has hormed you that the selling price of the composite kayak will be \\( \\$ 2,320 \\)