Use and produce any product you choose

What is the product?

What is the estimated per unit direct materials costs? Identify each cost separately.

What are the estimated or unit direct labor costs? Identify each cost separately.

What are the estimated overhead costs? Identify each cost separately.

What are the estimated monthly selling and administrative expenses? Identify each cost separately.

Based on the costs above, how much would you sell this product for? How did you determine the selling price? Please include the math as well as the qualitative information you considered when determining the selling price. Assuming sales of 100 units, determine the Contribution Margin and Contribution Margin Ratio. Show calculations.

What is the monthly and annual break-even point in dollars and units? Show calculations. How much would you need to sell to make a target profit of $50,000 per year? In dollars and in units.