CALCULATOR PRINTER VERSION BACK NEXT Problem 22-06A 3-d (Part Level Submission) Oriole Corporation has collected the following information after its first year of sales Sales were $1,600,000 on 100,000 units, selling expenses $220,000 (40% variable and 60% fred), direct materials $490,000, direct labor $316,000, administrative expenses $284,000 (20% variable and 80% fixed), and manufacturing overhead 5356,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 1 on next year. (a) Compute (1) the contribution margin for the current year and the projected year, and (?) the fixed costs for the current year, (Assume that feed costs will remain the same in the projected year.) (1) Contribution margin for current year $ Contribution margin for projected year $ (2) Fixed Costs Click if you would like to show Work for this question: 0.0 Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor, Attempts: 0 of 15 used