Units Sold 3,100 Selling Price $125.00 Pounds of Direct Material Per Unit Produced 2.50 Direct Labor Hours Per Unit Produced 1.50 Current Inventory of Finished Goods 200 Target Ending Inventory of Finished Goods 100 Current Inventory of Direct Materials 300 Target Ending Inventory of Direct Materials 400 Cost Per Direct Material $3.50 Cost Per Direct Labor Hour Overhead Rate $20.00 15.00 Overhead is allocated on the basis of direct labor hours Required Calculate the following amounts: Sales Units Produced Pounds of Direct Materials Cost of Direct Materials Direct Labor Hours Cost of Direct Labor Overhead Costs Gross Profit