Required information [The following information applies to the questions displayed below) FreshPak Corporation manufactures two types of cardboard boxes used in shipping canned food, fruit and vegetables The canned food box (type C) and the perishable food box (type P) have the following material and labor requirements. Type of Box P Direct material required per 100 boxes: Paperboard ($0.20 per pound) Corrugating medium ($0.10 per pound) Direct labor required per 100 boxes ($12.00 per hour) 30 pounds 20 pounds 0.25 hour 70 pounds 30 pounds 8.50 hour The following production-overhead costs are anticipated for the next year. The predetermined overhead rate is based on a production volume of 495,000 units for each type of box Production overhead is applied on the basis of direct-labor hours. Thi $ 10,500 50,000 25,000 Indirect material Indirect labor Utilities Property taxes Insurance Depreciation Total 18,000 16,000 29,000 $148,500 The following selling and administrative expenses are anticipated for the next year. Salaries and fringe benefits of sales personnel Advertising Management salaries and fringe benefits Clerical Wages and fringe benefits Miscellaneous administrative expenses Total $ 75,000 15,000 90,000 26,000 4,090 $219,00 The sales forecast for the next year is as follows: Sales Price Sales Volunte