Ventana Window and Wall Treatments Company provides drapenes shades, and various window treatments. Ventana works with the customer to the appropriate de treatment places the order and install the finished product. Ove materials and direct labor costs are easy to trace to the jobs Ventana's income statement for basis follows: Revenues $238.000 Cost of goods soldi Direct materials $121,380 Duet lobor 40.460 Overhend 2.500 190,400 Gros pro 547,600 Selling and administrative expenses 29,200 Operating income $18,000 Ventana wants to find a markup on cost of goods sold that will allow them to earn about the same amount of profiton sath job at waland lates Required: 1. What is the markup on cost of goods sold (COGS) that will maintain the same probitos last year (Mound to the nearest Whole percent of this wount for turec % of cost of goods sold 2. A customer orders drapenes and shades for remodeling job. They will have the following costs Direct material Direct labor Applied overhead $1,080 210 108 $47.000 Selling and administrative expenses Operating income Ventana wants to find a markup on cont of goods sold that will allow them to aon about the same amoure el profe de cach job is wat earned last year Required: 29,200 $18.400 1. What is the markup on cost of goods sold (Cos that will make the same probitas last year round to the nearest whole percent, the time for future cons.) We of cost of goods sold 2. A customer orders drapenes and shades for a remodeling job. The job will have the following costs Direct materials $1,080 Direct labor 216 Applied overhead 108 Total cost $1,404 What is the price that Ventana will quote given the markup percentage calculated in Reguvenent 17 (Round the price to the nearest dolor 3. What ir ventana wants to calculate a markup on directes cose, since it is the test out of doing business? What is the markup on direct material cost that will mantan the same profit as last year? (Roond to the nearest whole percent. Use the amount for future calculations.) We of direct materials cost What is the bid puce Veritane will use for the job given in Requirement 2 the kip percentage is calculated on the basis of treat materials cast? Hoond to the nearest dotor) Pro Chuck With