Wildhorse company reports the following costs and expenses in may. factory utilities $16,100 direct labor $70,000 depreciation on factory equipment 14,350 sales salaries 50,400 depreciation on delivery trucks 4,000 property taxes on factory building 3,000 indirect factory labor 50,200 repairs to office equipment 1,900 indirect materials 85,300 factory repairs 3,030 direct materials used 139,700 advertising 16,000 factory manager’s salary 8,700 office supplies used 3,580 from the information:

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2