therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of their departments during the year. A summary report of these estimates is as follows: 1. EX.19-06.ALGO Estimated Fixed Cost 2. PR.19-06B ALGO Estimated Variable Cost (per unit sold) 3. EX.19-12.ALGO Production costs: 4. BE.19-06.ALGO 5. PR.19-04A ALGO 6. EX.19-09.ALGO Direct materials Direct labor Factory overhead $30 20 15 $204,300 Selling expenses: Sales salaries and commissions Advertising Travel Miscellaneous selling expense 42,500 14,400 3,200 3,500 Administrative expenses Office and officers' salaries Supplies Miscellaneous administrative expense Total 41,500 5,100 4,700 $319,200 $84 It is expected that 7,600 units will be sold at a price of $168 a unit. Maximum sales within the relevant range are 10,000 units. Required Check My Work Previc Progress: 2/6 items