Garrett's Glassworks makes glass flanges for scientific use. Materials cost $1 per flange, and the glass blowers are paid a wage rate of $24 per hour. A glass blower blows 10 flanges per hour. Fixed manufacturing costs for flanges are $24,000 per period. Period (nonmanufacturing) costs associated with flanges are $14,000 per period and are fixed Read the requirements. 100 100 100 100 Fixed costs Fixed costs Fixed costs Fixed costs variable costs al cos 2,006 04000 Number of flanges Number of flanges Number of flanges Number of flanges Requirement 2. Assume Garrett's Glassworks manufactures and sells 5,000 flanges this period. Their competitor, Fifi's Flasks, sells flanges for $9.00 each. Can Garrett sell below Fifi's price and still make a profit on the flanges? (Round the total cost per unit to two decimal places.) Begin by determining the formula used to calculate the total cost per unit. Total fixed costs Total variable costs Units produced and sold Total cost per unit The total cost per unit when manufacturing 5,000 flanges is $ therefore, they sell below Fifi's price and still make a profit