Lets assume that Tom does indeed develop and successfully market the safety light product. Toms venture will purchase materials for making the product from others, assemble the products at the ventures facilities, and hire product sales representatives to sell the product through local retail and discount stores. The costs of plastic; bolts, washers, and nuts; reflective material; and a micro-chip are expected to be $3.12 per safety light. Assembly costs are projected at $1.65 per unit. Shipping and delivery costs are estimated at $.25 per unit and Tom will have to pay commissions of $.30 per unit sold by the sales representatives. A. What will it cost to produce and sell each safety light? B. What price will Tom have to charge for a safety light if he wants a markup of 60 percent on each sale? Now, what would the retailers have to ultimately sell a safety light if they, in turn, desired a mark-up before their expenses of 50 percent? C. Now that products are selling, Tom feels he should be paid a salary of $6,000 per month. Other general and administrative expenses will be $3,500 per month (including previously mentioned general and administration expenses. How many units of safety lights will the venture have to sell to cover all operating and administrative costs during the first year of operation?