Regular Company produces audio equipment, specifically hoodphones and speakers. A new CEO has just been hired and announcer: o new policy that if a product cannot earn o markup of at least 25 percent, it will be dropped the markup is computed as product. gross profit divided by reported product cost: Manudacturing overhead for year 1 totaled $1,014,000. Ovechead is allocoted to products based on direct materials cost. Data for yoar 1 Ghow the following Required: a-1. Coiculate the markup for both theadphones and speakers. a.2. Based on the CFOrs new policy, which of the two products should be dropped? b. Regardiess of your answer in requirement (o), the CFO decides at the beginning of yoar 2 to drop the speakers fram the product Tine The compony cost enolyst estimates that owotheod without the speaker line wil bo $645,000. The revenue and costs for heodphones are expectiod to be the same as last yeat. What is the estimated makkup far headphones in year 2 ? Complete this question by entering your answers in the tabs below. (9,321)