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Please fill in the blanks to the charts.. The options are shown in the last 2 pictures for certain parts of chart Total Manufacturing Cost,

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Please fill in the blanks to the charts.. The options are shown in the last 2 pictures for certain parts of chart
Total Manufacturing Cost, Income statement, Unit Cest, and Selling Price Twa inventors, recently organued as innovation, inc, consult you regarding a planned hew product They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each une to earm a proft in 2016 equal to 15% of ther estimated tocal long term irvestment of $900,000 (3nore income taxes) Ther plans indicate that each unit of the new peoduct requires the following May or tems of production overhesd weuld be annual rent of 152.920 for a factory bulding 857,320 rent for machinery and 543.400 of indirect maseriat Other production overhead is estimated to be 1466,560 . Seling expeoses are an estmuted 30w of total saies, and non factory administrative expenses are 204 of total sales. The comenses a innovasion 5 trat duning 201610000 units of product should be produced for seling and another 2,000 units should be produced for the next year's begining inventory Also, an eara 3.000 pounds of manenal will be purchased as betwnning inwentory for the next year because of the nature of the manufacturing process, all units started mast be completrd, so work in process invertonies are negletible Required a) incherporate the dbove data irto a sehedue of enimated tocal manufacturing costs and compute the unt production cost for 2016 Do not ine nezative syns with any of your ariswers Do not use negative signs with any of your answers. c. What unit sales price should Innovation charge for the new product? Incorporate the above data into a schedule of o not use negative signs with any of your answe D. Prepare an estimated nume statemilit mat vvuum

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