Question 32 Martin Footwear Co. produces high-quality shoes. To prepare for next year's marketing campaign, the company's controller has prepared the following information for the current year, 2020: Variable costs (per pair of shoes) Direct materials $41.00 Direct manufacturing labour 22.00 Variable overhead (manufacturing, marketing, distribution, customer 20.00 service, and administration) Total variable costs $83.00 Fixed costs Manufacturing Marketing, distribution, and customer service Administrative Total fixed costs $2,785,000 545,000 725,000 $4,055,000 Selling price per pair of shoes Expected revenues, 2020 (50,700 units) Income tax rate $183 $9,278,100 40% v (a) Calculate the projected operating income before tax for 2020. Operating income before tax