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Picture it Inc. manufactures customized wooden frames. The direct materials needed to construct the frames are wood, glass, and cardboard. Picture It has 16 emplovees

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Picture it Inc. manufactures customized wooden frames. The direct materials needed to construct the frames are wood, glass, and cardboard. Picture It has 16 emplovees who work for 40 hours in a work week and are each paid $12 per hour. The company produced and sold 800 frames in the month of September. During the moits of september the following purchases were made to produce the 800 frames; Wood-5,000 ft. at $1.20/it. Glass -400 pieces at $5.60/ piece Cardboard -450 pleces int 50.50/ phece Note:-fround all values to 2 -decimals and then wise in subsequent calculations. 1. Calculate the total product cost for the month. Assume that all enplovees worked for 4 weeks in September and that the company incurred $62,120 as manufacturing overthead costs, Enter vour answer to whole dollar. X 2. Calculate the pervunit cost. Enter vour answer to two decimal places. 3. Calculate the-gross riagin for the monthof Septentber issuming that the company sells each frame for 5230 . Enter vour answer to whole dollar

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