Question in picture Complete the problem and make the answer clear please

Magnificent Modems, Incorporated, makes modem cards that are used in notebook computers. The company completed the following transactions during year 1. All purchases and sales were made with cash. Acquired $750, of cash from the owners. 1. Purchased $270, of manufacturing equipment. The equipment has a $30, salvage value and a fouryear useful life. 2. The company uses straightline depreciation. 3. The company started and completed 5, modems. Direct materials purchased and used amounted to $40 per unit. Direct labor costs amounted to $25 per unit. 4. 5. The cost of manufacturing supplies used amounted to $4 per unit. 6. The company paid $50, to rent the manufacturing facility. Magnificent sold all 5, units at a cash price of $120 per unit. (Hint: It will be necessary to determine the 7. manufacturing costs in order to record the cost of goods sold.) 8. The sales staff was paid a $6 per unit sales commission. Paid $39, to purchase equipment for administrative offices. The equipment was expected to have a $3, salvage 9. value and a threeyear useful life. Administrative expenses consisting of office rental and salaries amounted to $71,950. Required a. Based on these data, identify each cost incurred by the company as (1) fixed versus variable relative to the number of units produced and sold; and (2) product versus selling, general, and administrative (SG&A). The solution for the first item is shown as an example. b. Complete the following table to indicate the product cost per unit assuming levels of production of 5,000, 6,000, 7,000, and 8,000. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Complete the following table to indicate the product cost per unit assuming levels of production of 5,000, 6,000, 7,000, and 8,000. Note: Do not round intermediate calculations. Round "Cost per unit" to 2 decimal places. Production Levels Variable cost Fixed cost Total (Cost of goods sold) Cost per unit Per unit 69 5,000 345,000 e 110,000 455,000 91.00 < Required A 6,000 110,000 7,000 8,000