Managerial Accounting Final Assessment - Cost Analysis and Decision Making You may work on this assessment individually or with a classmate/classmates! Each student must, however, submit their own assessment. The objective of this managerial accounting final assessment is to validate your mastery of this course's student learning outcome "construct and analyze accounting and other information for the purpose of making business decisions" by demonstrating your ability to analyze the cost structure and profitability of the fictional Altac Manufacturing Company and to make informed business decisions based on the analysis. Company Background: Altac Manufacturing is a company that produces and sells a single product, the "TechThing." The TechThing is manufactured using a combination of labor and materials and is sold to wholesalers and retailers. Altac Manufacturing operates in a highly competitive market, and management is constantly seeking opportunities to improve profitability. Data Provided: 1. Sales Data: - Sales Price per TechThing: \$50 - Units Sold: 10,000 TechThings 2. Manufacturing Data: - Direct Materials Cost per TechThing: \$10 - Direct Labor Cost per TechThing: \$8 - Fixed Manufacturing Overhead Costs: $40,000 3. Operating Expenses: - Selling Expenses: $10,000 - Administrative Expenses: $15,000 NOTES: - Do not include dollar signs (\$) in your answers. - Submit your final answer ONLY in the textboxes. DO NOT INCLUDE CALCULATIONS in your responses except for question 11. - Be sure to use commas correctly and where appropriate. For example submit 15,000 and NOT 15000. 11 point selling price by 10% to capture a larger market share. may also attach a document (not required) to support your response. Edit View Insert Format Tools Table p 5 0.1 points Calculate the total COGS Type your answer... 0.1 points Calculate the gross profit Type your answer... 0.1 points What are the total selling expenses? Type your answer... 0.1 points What are the total administrative expenses? 1 0.1 points Calculate direct materials cost per Tech Thing. Type your answer... 2 0.1 points Calculate the total manufacturing cost overhead per TechThing (Fixed manufacturing overhead Number of Tech Things p 30.1 points Calculate the cost of goods sold (COGC) per TechThing. 0.1 points Calculate the total sales revenue. Type your answer... 50.1 points Calculate the total COGS. Type your