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Situation A: A couch manufacturer can put together a leather 3 person couch for the price of $125 worth of material. They own their own distribution shop that cost $800,000 to build. Each couch needs to be water protected a process that costs $10 per couch. The company chooses to advertise their new store in the local newspaper and on billboards throughout town, the total cost of the advertisements was $20,000. Each couch is made by hand and an employee that makes $30/hr, can make 2 couches in an hour. The manufacturer also has incurred $2,500 in legal fees in order to patent their unique design. They will sell their couches for $1350. 1, Total Fixed Cost = $ (whole number; no need to enter the dollar sign) 2. Total Variable Cost for each 3-person couch = $ (whole number; no need to enter the dollar sign) Situation B: Best Buy sells the new Y-Phone for $1000 and purchased it from the manufacturer for $500. 3. Markup % % (whole number; no need to enter the % sign for your answer) 4. Profit Margin % = % (whole number; no need to enter the % sign for your answer)