Jessin Limited is considering producing a new line of high quality snowboards. The company will incur $66 in variable product costs for each snowboard produced. Fixed manufacturing overhead costs amount to $164,000. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Assume that the company has a policy to set product prices equal to the variable cost plus 82%. Determine how much the company would sell each snowboard for. Selling Price: $ b) Assume that the company has a pricing policy that requires their products to be sold at full cost plus 70%. For the upcoming year, it believes it can produce and sell a total of 6,600 snowboards. Determine how much the company would sell each snowboard for. Full Cost per Unit: $ X Selling Price: $ XA partial income statement for Jill Corporation for 2019 and 2018 shows the following information. m Cost of Goods Sold $437,000 $412,000 $248,000 $247,000 3) Calculate the gross profit and net income for both years. Do not enter dollar signs or commas in the input boxes. 2019 2018 Gross Profit$ 401000 v $ 521000 v Net Income $ 153000 V $ 274000 v b) Calculate the gross profit margin and net profit margin for both years. Round all answers to 1 decimal place. 2019 2018 Gross Profit Margin x % % 3% % UH Net Profit Margin