Kaiser Industries carries no inventories. Its product is manufactured only when a customer's order is received. It is then shipped immediately after it is made. For its fiscal year ended October 31, 2017, Kaiser's break-even point was $1.37 million. On sales of $1.20 million, its income statement showed a gross profit of $176,000, direct materials cost of $402,000, and direct labor costs of $505,000. The contribution margin was $176,000, and variable manufacturing overhead was $50,000 (a) Calculate the following: (Round intermediate calculations to 2 decimal places e.g.2.25 and final answers to decimal places, 6.8. 1,225.) 1. $ Variable selling and administrative expenses Fixed manufacturing overhead. 67000 2. $ 67000 3. Fixed selling and administrative expenses. $ 133933.33 (b) Ignoring your answer to part (a), assume that fixed manufacturing overhead was $102,000 and the fixed selling and administrative expenses were $85,000. The marketing vice president feels that if the company increased its advertising, sales could be increased by 19%. What is the maximum increased advertising cost the company can incur and still report the same income as before the advertising expenditure? Maximum increased advertising expenditure 120530