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Problem 1 - 2 3 A ( Algo ) Upstream, midstream, and downstream costs LO 1 - 4 Campbell Incorporated makes a smartphone case that

Problem 1-23A (Algo) Upstream, midstream, and downstream costs LO 1-4Campbell Incorporated makes a smartphone case that includes a battery that extends the operating life of an iPhone. The manufacturing costs per unit include $17 direct materials, $19 direct labor and $10 manufacturing overhead. These costs are based on a production and sales volume of 4,000 units. Advertising costs amounted to $25,000. Research and development cost for the materials used in the phone cases amounted to $30,000. Companywide administrative costs amounted to $43,000. Fashion design costs amounted to $22,000. Campbells management team established the sales price at 150 percent of GAAP-defined product cost.RequiredDetermine the total amount of upstream costs.Determine the total amount of downstream cost.Determine the total amount of midstream cost.Determine the sales price per unit.Prepare a GAAP-based income statement.

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