I Assume you have developed and tested a prototype electronic product and are about to start your new business. You purchase pre-programmed computer chips at $70 per unit. Other component costs include: plastic casings at $15 per unit and assembly hardware at $5 per unit. Direct labor costs are $15 per hour and three units can be produced per hour. You intend to sell each unit at a 50 percent mark-up over the total costs of producing each unit. The plan is to produce 500 product units per month in January, February, and March. Sales are expected to be: 200 units in January, 400 units in February, and 800 units in March. 106 \begin{tabular}{l|l|l|l|l|} 107 & & & & \\ 108 & & & & \\ 109 & Sales & January & February & March \\ 110 & No Units & & & \\ 111 & Price per Unit & & & \\ 112 & Sales & & & \\ 113 & Total & & & \\ \hline \end{tabular} C.2. Cost of Production schedule \begin{tabular}{l|l} 127 & \\ 128 & C3. COGS Schedule \\ 129 & No of Units Sold \\ 130 & Sales \\ 131 & COGS \\ 132 & Gross Earning Total \\ 133 & \\ 134 & C4. Inventory \\ 135 & Beg Finished Goods \\ 136 & Production \\ 137 & Materials \\ 138 & + Direct Labor \\ 139 & Additions \\ 140 & Total (Beg + Additions) \\ 141 & Less Cost of Goods Sold \\ 142 & Ending Finished Goods \\ 143 & \end{tabular} \begin{tabular}{|l|l|l|l|} \hline January & February & March & Total \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline January & February & March \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} . Cost of Production schedule \begin{tabular}{|l|l|l|l|l|l|l|} \hline & Cost per Unit & January & February & March & Total \\ \hline Computer Chips & 0 & 0 & 0 & 0 & 0 \\ \hline Plastic Castings & 0 & 0 & 0 & 0 & 0 \\ \hline Asembly Hardware & 0 & 0 & 0 & 0 & 0 \\ \hline Direct Labor & 0 & 0 & 0 & 0 & 0 \\ \hline Total Costs & 0 & 0 & 0 & 0 \\ \hline \end{tabular}