Executives of the Carrot Watch, Inc. (which produces Apple Watch knock-offs) produced the latest watch which is now ready for distribution. Carrot Watch sells to a wholesaler who then sells to retailers and ultimately end consumers. The following cost information is needed to answer the questions below for Carrot Watch, Inc.:

Carrot Watch packaging (direct material and labor)	$1.25/each
Carrot Watch raw materials for production	$4.95/each
Software on watch	$12.85/each
Rent and Fixed Salaries	$275,000
General overhead	$250,000
Selling price to distributor	$42.00

Calculate the following:

1. Unit Gross Profit Margin in both dollars and percent

2. Assume there were 12,000 watches sold. What is the TOTAL Gross Profit margin in dollars.

3. Manufacturer Margin (as a % of Selling Price)