Ford Motor Company produces three models: Fiesta, Focus, and Mustang. The cost details for each model are as follows:

Model	Direct Materials	Direct Labor	Overhead Rate (% of Direct Labor)
Fiesta	$10,000,000	$5,000,000	200%
Focus	$12,000,000	$6,000,000	200%
Mustang	$15,000,000	$7,500,000	200%

Requirements:

1. Calculate the total manufacturing cost for each model.
2. Determine the overhead costs allocated to each model.
3. Prepare a detailed cost sheet for each model.
4. Compute the gross profit if the selling price per unit is $20,000, $25,000, and $35,000 for Fiesta, Focus, and Mustang, respectively.
5. Discuss the impact of overhead allocation on the pricing strategy.