Greetings, I am having a difficult time solving for part 6 of this problem. I have attached a picture of the problem on this message and also a picture of my response to the problem.

\fRequired information SB Problem FAB-1 to FAB-3 [The foiiowing information applies to the questions dispiayed bellow] Iguana, lnc., manufactures pamboo picture frames that sell for $25 each. Each frame requires 4 linear feet of bamboo, which costs $200 per foot Each frame takes approximately 30 minutes to build, and the labor rate averages $12.00 per hour. Iguana has the following inventory policies: - Ending finished goods inventory should be 40 percent of next month's sales. - Ending direct materials inventory should he 30 percent of next month's production. Expected unit sales [frames] for the upcoming months follow: March 2?5 Apr" i l 2 50 May 300 June 40-0 July 3?5 Augu st 425 ' 'v'ariable manufacturing overhead is incurred at a rate of $0.30 per unit produced. Annual xed manufacturing overhead is estimated to he $1200 {$000 per month} for expected production of 4,000 units forthe yea r. Selling and administrative expenses are estimated at $050 per month plus $0.00 per unit sold- Iguana, Inc., had $10,800 cash on hand on pril 1. Of its sales, 80 percent is in cash- Ofthe credit sales, 50 percent is collected during the month of the sale, and 50 percent is collected during the month following the sale- Of direct materials purchases, 80 percent is paid for during the month purchased and 20 percent is paid in the following month- Direct materials purchases for March 1 totaled $2,000. All other operating costs are paid during the month incurred. Monthly fixed manufacturing overhead includes $150 in depreciation. During April, Iguana plans to payr $3,000 for a piece of equipment