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V. CompuDesk, Inc., makes an oak desk specially designed for personal computers. The desk sells for $1,000. Data for last year's operations follow: $1,000,000 400,000

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V. CompuDesk, Inc., makes an oak desk specially designed for personal computers. The desk sells for $1,000. Data for last year's operations follow: $1,000,000 400,000 200,000 150,000 Sales (1,000 units) Direct materials used Direct labor Variable manufacturing overhead Fixed selling and administrative costs 50,000 Variable selling and administrative Fixed manufacturing overhead 100,000 70,000 Required: (20 pts.) 1. Compute the total manufacturing cost of goods sold 2. Compute the contribution margin 3. Compute the gross margin or gross profit 4. Compute the operating income or loss 5. What is the company's break-even point in number of units sold? 6. What is the company's break-even point in $ sales

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