Wicked Mikes Manufacturing has a factory that produces kitchen cabinets. The company has other product lines. Materials and labor for the cabinets are determined by each job. To simplify the assignment, we will assume the following average costs The following information highlights Wicked Mikes cost structure for 2021. The materials include $6,500 for the wood and other materials on a per job basis. It requires 45 hours of labor on average for the cabinetry. The hourly rate is $12. . The sales price will be set at a markup of 65%. The company estimates that it will have 90,000 direct labor hours in total for the cabinets. It assumes 2000 units are sold on average per year. A breakdown of estimated yearly costs for the 2000 units follows: Salaries- office & administrative $ 650,000 Salaries for factory supervisor, janitor and security $ 400,000 Office Rent $ 350,000 Factory Rent $ 100,000 Office utilities and Misc. office expenses (based on units sold) $ 45,000 Sales travel (based on units sold) $ 24,000 Insurance - office $ 60,000 Depreciation - office equipment $ 40,000 Depreciation for factory equipment $ 85,000 Advertising $ 220,000 Sales commissions (based on units sold) $ 450,000 Factory Property taxes $ 16,000 Maintenance for factory equipment $ 80,000 Hint: you will need to distinguish between product vs. period costs and variable vs fixed costs. Please do not forget all costs for this company (not just the ones listed above in the table)3. Prepare a Job Order Cost sheet for the following custom project: Materials $8,500 and 55 hours of labor. Calculate the sales price based on your cost calculations. DO NOT USE THIS CALCULATION FOR ANYTHING ELSE