... Cash396,000495,000418,000412,500462,000 - Cash sales - - - - - - Credit sales396,000495,000418,000412,500462,000Cash collection from: - January's Sales158,400138,60091,080 - February's Sales198,000173,250113,850 - ... performance report:Summarize information: Sales$ 3,000,000Cost of goods sold: - Direct materials1,200,000 - Direct labor260,000 - Machinery repair (Variable cost)57,000 - Depreciation - ... pairs of sandals.7(*) Setup hours = Time for setups x number of setupsTherefore, we have: - Setup hours for Briefcase = 1 x 50 = 50 hours - Setup hours for specialty Briefcase = 2 x 100 = 200...