1. You have been given the following Information from the company, Supersun Limited. Find the values of Cost of Goods Manufactured and Cost of Goods Said respectively. 5'000 Beginning raw materials inventory 5.000 Ending ravv materiais Inventory 12,000 Beginning work in process Inventory 13,000 Ending work in process inventory 23,000 Beginning nished goods Inventory 23,000 Ending finished goods Inventory 33,000 Purchases of raw materials 94,000 Direct Ia bor 12,000 Manufacturing Overhead 41,000 2. Espresso Express operates a number of espresso coffee stands In busy suburban malls. The fixed weekly expense of a coffee stand Is 51,500 and the variable cost per cup of coffee served IS $0.34.. a} Fill In the following table with your estimates oftotal costs and cost per cup of coffee at the Indicated levels of activity for a coffee stand. Round off the cost of a cup of coffee to the nearest tenth of a cent. Cups of Coffee Served in a Week 2,600 2.?00 2,300 Fixed cost ? ? 'i' Variable cost ? ? 1' Total cost ? ? 1' Average cost per cup of coffee served ? ? 'r' b] Does the average cost per cup of coffee served increase, decrease. or remaln the same as the number of cups of coffee served In a week Increases? Exptain. 3. Bargain Rental Car offers rental cars in an off-airport location neara major tourist destination In Caiifornia. Management would like to better understand the behavior of the compa ny's costs. One of those costs is the cost of washing cars. The company operates Its own car wash facility in which each rental car that is returned Is thoroughly cleaned before being released for rental to another customer. Management believes that the costs of operating the car wash should be related to the number of rental returns. Accordingly, the following data have been compiled: Month Rental Returns Car Wash Costs January 2,825 1 1,205 February 2,825 12,281 March 3,1170 1 1,730 April 3,236 12,858 May 3,524 14,336 June 3,896 14,925 July 3,981 15,459 August 4,143 16,290 September 3,630 14,039 October 3,415 12,306 November 3,242 13,128 December 3,542 14,280 Using least-squares regression, eStimate the fixed cost and variable cost elements of monthly car wash costs. The xed cost element should be estimated to the nearest dollar and the variable cost element to the nearest cent