need help with 1-7

Question 27 (20 points) The following information is budgeted for the Winter Blues Company for 2020: Units 10,000 Sales Revenues $1,200,000 Cost of goods sold: Direct materials and labor costs (variable) 275,000 Overhead (40% variable) 415,000 Total cost of goods sold 690,000 Gross margin 510,000 Operating costs: Selling costs (variable) 80,000 Administration costs (fixed) 360,000 Total operating costs 440,000 Operating income $70,000 1) What is the average selling price per unit? 2) Calculate fixed overhead in cost of goods sold. 3) Calculate variable overhead costs per unit in cost of goods sold. 4) Calculate the variable selling costs per unit. 5) Assume sales units are 8,000 units at the same selling price per unit as 10,000 units. Calculate budgeted cost goods sold. 6) Assume sales units are 8,000 units at the same selling price per unit as 10,000 units. Calculate budgeted administrative costs. 7) Assume sales units are 8,000 units at the same selling price per unit as 10,000 units. Calculate budgeted operating income / loss