PR.206 Wolway Industries The expects to maintain the same inventaries at the end of 2073 as at the beginning of the year, The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold With this in mind, the various department heads were asked to thit estimates of the costs for their departments during the year. A summary report of these estimates is as follow Estimated Estimated Variable Cont Fixed Cost (per unit sold Production costs Direct materials. $ 46 Direct labor... 40 Factory overhead. $200,000 20 Selling expenses Sales salaries and commissions 110,000 Advertising... 40,000 Travel 12,000 Miscellaneous selling expense 7,600 Administrative expenses Office and officers'salaries 132,000 Supplies 10,000 Miscellaneous administrative expense 13.400 Total $325,000 - 11.88$ It is expected that 21.875 units will be sold at a price of $100 a umit. Maximum sales within the relevant range are 27.000 units. Instinction Prepare an estimated income statement for 20Y). 2. What is the expected contribution margintatio? 1. Determine the break-even sale in units and dollars 4. Constructa.compofit chart indicating the bakeve sale 5. What is the expected margin of safety in dollars and as a percentage of sales! Determine the operating leverage Costume Chart HINT - your expected graph is to be like this Double click on graph after you update the data TO DO Problem Sample Probson Sample Prob