Assignment: 19-6B Save Exit Submit Assignment for Gradin Email instructor Questions Problem 19-6B Question 1 o Check My Work (10 remaining Problem solving strategy eBook Contribution Margin Break-Even Sales Cost-Volume Profit Chart, Margin of Safety and Operating Leverage Belmain Co. expects to maintain the same inventories at the end of 2014 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be er to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during 2014. A summary report of the estimates is as follows: Estimated Estimated Variable Cost Fixed Cost (per unit sold) Production costs: Direct materials $50.00 Direct labor 30.00 Factory overhead 350,000 6.00 Selling expenses: Sales salaries and commissions. 340,000 4.00 116,000 Advertising 4,000 Travel Miscellaneous selling expense 2,300 Administrative expenses: Office and officers' salaries 325,000 4.00 Supplies 6,000 Miscellaneous administrative expense 8,700 1.00 $96.00 Total $1,152,000 It is expected that 12,000 units will be sold at a price of $240 a unit. Maximum sales within the relevant range are 18,000 units