B ?) Coed Novelties manufactures key chains for college bookstores

B ?) Coed Novelties manufactures key chains for college bookstores. You are required to prepare the Cost Sheet to show Factory Cost, Cost of Production and Cost of Sales for both per unit and total from the following information: Direct material Consumed 31,000 Direct labor Cost 18,000 Direct Expenses 8,000 Factory rent 12,000 Depreciation on Factory Equipment 2,000 Depreciation on Office Equipment 750 Marketing expense 2,500 Administrative expenses 40,000 Total No of Units produced 35,000 Secondly, calculate the selling price per unit if the company plans to earn a profit of a) 20% on cost and b) 20% on sales