Answer problem in full.

1. Determine the fixed and variable portion of the utility cost using the high-low method. Round the per unit cost to the nearest cent. At High Point At Low Point A Variable cost per unit Total fixed cost A A Total cost 2. Determine the contribution margin per case. Enter your answer to the nearest cent. Contribution margin per case $ 3. Determine the fixed costs per month, including the utility fixed cost from part (1). Utilities cost (from part 1) Facility lease Equipment depreciation Supplies Total fixed costs 4. Determine the break-even number of cases per month. cases Note: This section is a continuation from Part A of the comprehensive problem. Be sure you have completed Part A before attempting Part B. You may have to refer back to data presented in Part A and use answers from Part A when completing this section. Genuine Spice Inc. began operations on January 1 of the current year. The company produces eight-ounce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in 12-bottle cases for $100 per case. There is a selling commission of $20 per case. The January direct materials, direct labor, and factory overhead costs are as follows: DIRECT MATERIALS Direct Cost Units Cost Materials Behavior per Case per Unit Cost per Case Variable 100 ozs. $0.02 $2.00 Cream base Natural oils Bottle (8- oz.) Variable 30 ozs. 0.30 9.00 Variable 12 bottles 0.50 6.00 $17.00 DIRECT LABOR Cost Labor Direct Labor Time Rate Department Cost per Behavior per Case per Hour Case Mixing Variable 20 min. $18.00 $6.00 Filling Variable 5 14.40 1.20 25 min. $7.20 FACTORY OVERHEAD Cost Behavior Utilities Mixed Facility lease Fixed Equipment Fixed depreciation Supplies Fixed Total Cost $600 14,000 4,300 660 $19,560 5. Prepare the August production budget. Enter all amounts as positive numbers. Genuine Spice Inc. Production Budget For the Month Ended August 31 Cases Expected cases to be sold Plus desired ending inventory Total cases required Less estimated beginning inventory Total cases to be produced 6. Prepare the August direct materials purchases budget. Enter the unit price to the nearest cent. Enter all amounts as positive numbers. Total Genuine Spice Inc. Direct Materials Purchases Budget For the Month Ended August 31 Direct Materials Cream Base Natural Oils Bottles (ozs.) (ozs.) (bottles) Units required for production Plus desired ending inventory Less estimated beginning inventory Direct materials to be purchased Unit price Total direct materials to be purchased $ 7. Prepare the August direct labor cost budget. For hours required, round to nearest whole hour. For hourly rate, enter to the nearest cent, if required. Total Genuine Spice Inc. Direct Labor Cost Budget For the Month Ended August 31 Mixing Filling Hours required for production: Hand and body lotion Hourly rate Total direct labor cost st