26 2020 723234 AM The accountant of the firm has provided the following estimates for the cost of Floxin Raw material cost: 30% of sales Variable manufacturing cost: 10% of sales Fixed annual operating and maintenance costs: ? 10 million Variable seiling expenses. 10% of sales Overhead allocation excluding depreciation, maintenance, and interest: 10% of sales The incremental overhead attributable to the overhead are, however, expected to be only 5 percent of sales The manufacture of Floxin will cut into the sales of an existing product thereby reducing its contribution margin by ? 10 mation per year The tax rate for the firm is 30 percent 26 2020 723234 AM The accountant of the firm has provided the following estimates for the cost of Floxin Raw material cost: 30% of sales Variable manufacturing cost: 10% of sales Fixed annual operating and maintenance costs: ? 10 million Variable seiling expenses. 10% of sales Overhead allocation excluding depreciation, maintenance, and interest: 10% of sales The incremental overhead attributable to the overhead are, however, expected to be only 5 percent of sales The manufacture of Floxin will cut into the sales of an existing product thereby reducing its contribution margin by ? 10 mation per year The tax rate for the firm is 30 percent