Question: The answers below were said to be wrong. So, please, give the CORRECT answers and show COMPLETE solution. Material Costs: Material Cost 175.35 Rattan 92.45

The answers below were said to be wrong. So, please, give the CORRECT answers and show COMPLETE solution.

Material Costs: Material Cost 175.35 Rattan 92.45 Wires 31.50 Operational Cost 55.00 Abaca 51.40 TOTAL PRODUCT COST 230.35 Operational Costs: Total Product Cost 230.35 Transportation 20.00 Labor 35.00 Desired Profit 103.65 Desired Profit 45% TOTAL SELLING PRICE 334 Formula: Material Cost Sum of all the cost of materials Operational Cost Sum of all the cost of operation (transpo, labor, pameryenda, etc) Desired Profit ideally 20-percent to 60-percent Selling Price Sum of Product Coal and Desired prom

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