RYT (aka RotYourTeeth) Candy Company sells lollipops.Last year the company sold

RYT (aka
RotYourTeeth) Candy Company sells lollipops.Last year the company sold 10000000 lollipops for
$1000000.The Variable Costs were $350000 and the Net Profits were
$100000Administration has directed management to double profits
in the next year.Part 1: Determine the Number of lollipops that must
be sold to reach this target.Part 2: Determine the DL and DM budget needed to
reach this target. DM: Cost
$1 per pound Each
unit requires 1/50 of a pound DL: Labor costs are $10 per hour Each
unit requires .0015 labor hoursPart 3: Determine the DL and DM variances and provide
explanations to the Board of Directors. DM: Cost $1.50 per pound
220000 pounds used DL: Cost $12 per hour 16000 labor hours used