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Lorge Corporation has collected the following information after its first year of sales. Sales were...

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Accounting

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Lorge Corporation has collected the following information after its first year of sales. Sales were $1,650,000 on 110,000 units; selling expenses $ 250,000 (40% variable and 60% fixed); direct materials $ 626,300; direct labor $ 280,000; administrative expenses $ 270,000 (20% variable and 80% fixed); and manufacturing overhead $ 371,000 (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 10% next year

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