problem 1 Compute total direct expenses of product X from the following information, giving appropriate explanatory notes: Particulars Figures Production (Units) 20,000 Sales (Units) Labour Hours 16,000 10,000 Labour Rate per hour $ Royalty per unit of Sale $ 8 2 CON Royalty per unit of Production $ Design Charges $ 1 12,000 Interest on Loan for Purchase of Machine $ 5,000 Hire Charges of Equipment Used for Manufacturing Product Y $ 6,000 Penalty for Violating Patent $ 4,000