For the following questions, assume you are the manager for a toy boat company, Float Your Boat, Inc. Your company pays $3500 in rant, $500 for advertising, $10,000 for salaries and $250 for utilities on a monthly basis. The toy boats consist of 1.) a wooden boat 2.) a small plastic sall, and 3.) a metal pole that the sail slides onto and then in secured into the wooden boat. The finished toy boat is put into a plastic bag that is pre-printed with the company's label. These bags come in quantities of 4000 which costs $5000. The pre-cut wooden boats are bought in cases of 2500 for $500. The plastic soils come in cases of 10,000 for S1000, and the metal poles are precut and sold for 35 each it takes a single assembly worker 10 minutes to pt one unit together from start to finish which costs the company 60 each. This company sells their toy boats to a distributor for $5.00 each. This distributor sells these bonts to any and all retailers that will carry them Currently, those boats are in Toys R Us Walgreens, Rite Aids, Kmart, Longs, and many independent small retail stores. The MSRP $14.95. Based on Float Your Boats monthly sales, they pay a tax rate of 40% 1. What are the total operating expenses for this company on a monthly basin? 2. What is the cost to make a single unit? (The unit variable cost) 3. What % of the salon price is the Unit Variable Cost? 4. Assume Float Your Boat Inc sells 27,600 units this month. What will their revenue be? 5. Assume Float Your Boat. In sells 27,500 units this month. What will their COGS be? 6. What would their net income before taxes be at 27,500 units a month? 7. What would their net profitloss be after taxes at 27,500 units? 8. How many units do they need to sell to break even