Walt's Woodwork Company makes and sells wooden shelves. Walt's carpenters make the shelves in the company's rented building. Walt has a separate office at another location that also includes a showroom where customers can view sample shelves and ask questions of salespeople. The company sells all the shelves it produces each year and keeps no inventories. Assume that direct labor costs vary directly with the number of units produced. The following table contains cost information for the past year, 50,000 units had been produced and sold at a sales price of 70 per unit: Fixed Variable Manufacturing Selling & cost cost cost administrative cost 600,000 a. Carpenter labor cost to make shelves b. Wood to make the shelves 450,000 c. 80,000 150,000 50,000 200,000 180,000 Sales staff salaries d. Office and showroom rental expenses e. Depreciation on carpentry equipment f. Advertising g. Sales commissions based on number of units sold h. Miscellaneous fixed manufacturing overhead 1. Rent for the building where the shelves are made j. Miscellaneous variable manufacturing overhead k. Depreciation for office equipment 150,000 300,000 350,000 10,000 TOTAL a) Classify the above items into fixed and variable costs with regard to variations in the number of shelves sold, and into manufacturing and selling administrative costs. Calculate the total amounts. Enter your answers directly in the table above. b) Prepare an income statement in the contribution format. Enter your answer here. c) Prepare an income statement in the absorption format. Enter your answer here. d) Calculate the break-even point in units and in euros. Enter your answer here. e) Determine the margin of safety if the planned sales of the company for next year are 60,000 units Enter your answer here. f) How many units must the company sell in order to earn a pre-tax profit of 500,000? Enter your answer here