1) (PLEASE SHOW WORK)Franz began business at the start of this year and had the following costs: variable manufacturing cost per unit, $9; fixed manufacturing costs, $60,000; variable selling and administrative costs per unit, $2; and fixed selling and administrative costs, $220,000. The company sells its units for $45 each. Additional data follow. (PLEASE SHOW WORK)

Planned Production in Units 10,000

Actual Production in Units 10,000

Number of Units Sold 8,500

There were no variances.

The income (loss) under absorption costing is:

Select one:

a. $(7,500).b. $9,000.c. $15,000.d. $18,000.

e. some other amount.

2)(PLEASE SHOW WORK)Cleason sells a single product at $14 per unit. The firm's most recent income statement revealed unit sales of 80,000, variable costs of $800,000, and fixed costs of $560,000. Management believes that a $3 drop in selling price will boost unit sales volume by 20%. Which of the following correctly depicts how these two changes will affect the company's break-even point?(PLEASE SHOW WORK) Select one: a. Choice A b. Choice B c. Choice C d. Choice D e. Choice E