Question 1 Chelsea Inc. manufactures and sells Steel golf Shafts. The following are forecast for january 2022: Estimated cans of sales 10,000 units Selling price per unit 10.00 Direct materials per unit 2 pounds of steel at S0.40 per pound 0.5 pounds of alloy at $3.00 per pound Direct labor per unit $2.60 per unit Manufacturing Overhead Variable Overhead S1.10 per unit Plant and equipment depreciation S20,000.00 per month Miscellaneous $15,000.00 per month The plant and equipment depreciation and miscellaneous costs are fixed and all other costs are variable. Plant capacity is 20,000 units monthly. i. Prepare a projected contribution format statement of comprehensive income for next year, based on the above mentioned changes. Show answer in total and per unit basis