Genuine Spice Inc began operations on January 1 of the current year. The company produces Bounce bottles of hand and body lotion called Brema Beaty. The lation is sold wholesale in 12 bottle cases for $100 per case. There is a seling commission of $20 per case. The January direct materials, direct labor, and factory Overhead costs are as follows: DIRECT MATERIALS Cost Behavior Units per Case Cost per Unit Cost per Case Cream base Variable 100 ZS $0.02 52.00 Natural oils Variable 30 os 0.30 9.00 Bottle (8-cz.) Variable 12 bottles 0.50 8.00 $17.00 1. Determine the fixed and variable portions of the utily cost using the high-low method. Round your per unit cost to two decimal places. At the High Point At the Low Point Variable cost per unit Totalfixed cost Total cost 8 2. Determine the contribution margin per case. Round your answer to two decimal places 3. Determine the fixed costs per month, including the wally fixed cost from part (1). Refer to the lots of Amount Descriptions for the exact wording of the answer choices for rent entries. 5. Prepare the August production budget. Enter all amounts as positive numbers. Genuine Spice Inc. Production Budget For the Month Ended August 31 Cases Total units available Genuine Spice Inc began operations on January 1 of the current year. The company produces Bounce bottles of hand and body lotion called Brema Beaty. The lation is sold wholesale in 12 bottle cases for $100 per case. There is a seling commission of $20 per case. The January direct materials, direct labor, and factory Overhead costs are as follows: DIRECT MATERIALS Cost Behavior Units per Case Cost per Unit Cost per Case Cream base Variable 100 ZS $0.02 52.00 Natural oils Variable 30 os 0.30 9.00 Bottle (8-cz.) Variable 12 bottles 0.50 8.00 $17.00 1. Determine the fixed and variable portions of the utily cost using the high-low method. Round your per unit cost to two decimal places. At the High Point At the Low Point Variable cost per unit Totalfixed cost Total cost 8 2. Determine the contribution margin per case. Round your answer to two decimal places 3. Determine the fixed costs per month, including the wally fixed cost from part (1). Refer to the lots of Amount Descriptions for the exact wording of the answer choices for rent entries. 5. Prepare the August production budget. Enter all amounts as positive numbers. Genuine Spice Inc. Production Budget For the Month Ended August 31 Cases Total units available