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Chromatics, Inc., produces novelty nail polishes. Each bottle sells for 8.50 Variable unit costs are...

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Accounting

Chromatics, Inc., produces novelty nail polishes. Each bottle sells for 8.50 Variable unit costs are as follows:Acrylic base-1.25 Pigments-.45 Other ingredients-.65 Bottle, packing material-1.25 Selling commission-.85Fixed overhead costs are 500,000 per year. Fixed selling and administrative costs are 76,275 per year. Chromatics sold 300,000 bottles last year.

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