Strategic initiatives and CSR The company's current monthly sales revenue is $$510,000.$ much as Procedure $2.$

Required:

Determine what the cost of labor, materials, and overhead for both Procedures $1$ and $2$ would need to be for the company to meet its target gross profit.

Cost makeup of Procedure $1$:

Direct Labor $,$: $q,$

Direct Materials

Overhead

Total

Cost makeup of Procedure $2$:

Direct Labor : $q,$

Direct Materials

Overhead

Total

$q,$

Cost makeup of Procedure $1$:

$q,$

Direct Materials

Overhead

Total

Cost makeup of Procedure $2$:

Direct Labor $ $q,$

Direct Materials $q,$

Overhead

Total

$q,$ these indirect materials could be for Procedure $1$ if this CSR initiative were to enable the company to meet its target gross profit percentage without changing any other costs.

Maximum new cost of P$1$ overhead materials: $ $q,$