eftects in moset The yourgg founcers of the company have becote increasingy concerned wen the econcmics of ine bucioess - paticually knce to be shown tid the peocpective cllect. Ditce a project is accepeed by the clent. the anamaban poes into production and contract. below 4rect latoor th thiect maternats costs commescuil mariet acepear betther Fequired costy) The total sales from the 4 contracts for local commerclals was $170,000. Required: 1. Calculate the cost of serving the local commerclal market. 2. Calculate the margin eamed serving the local commercial market. (Remember, this company tias no oirect materias or direct labor costs.) Complete this question by entering your answers in the tabs below. ralrulate the cost of serving the local conmmeroial market. Calculate the margin earned serving the local commercial market. (Remember, this company has no direct materiats of direct labor costs.)