XYZ Motors is analyzing costs for a new vehicle model:

Category	Amount ($)
Cost of Goods Sold
- Direct Materials	$4,000,000
- Direct Labor	$2,000,000
- Manufacturing Overhead	$1,000,000
SG&A Expenses
- Sales and Marketing	$1,500,000
- Administrative	$300,000

Requirements:

• Calculate the Cost of Goods Sold (CGS) for producing 1,000 units.
• Determine the Contribution Margin per unit.
• Propose strategies to reduce manufacturing overhead costs by 12%.
• Analyze the impact of reduced overhead costs on profitability.