1. For Turgo Company variable costs are63% of sales and fixed costs are $177300. Managements net income goal is $78740.Compute the required sales in dollars needed to achieve managements target net income of $78740.2. For Kozy Company actual sales are $1138000and break-even sales are $773840.What are the total product costs for the company under variable costing?4.Prepare a static budget report for the quarter.5.Prepare a flexible manufacturing budget for the relevant range value using23210unit increments. (List variable costs before fixed costs.)