Instructions TUILD IMION Live iviay T $375,000.00 (256,250.00) $118,750.00 (77,500.00) $41,250.00 1 Sales (25,000 units x $15 per unit) 2 Cost of goods sold 3 Gross profit 4 Selling and administrative expenses 5 Operating loss The production costs and selling and administrative expenses, based on production of 25,000 units in Ma Direct materials Direct labor $2.50 per unit 3.00 per unit Variable manufacturing cost 0.75 per unit Variable selling and administrative expenses 1.50 per unit Fixed manufacturing cost $100,000 for May Fixed selling and administrative expenses 40,000 for May Sales for June are expected to drop 40% below those of May to 15,000 units (25,000 x 60%). No signific