10. In the first hour, a worker produces 4 laptops. After 11 hours, how many laptops do you think he will produce IN THAT LAST HOUR? Explain giving reasons. I Your answer 7. IF NET INCOME IS 20,000 AND FIXED COST IS 7,000. What is the CONTRIBUTION MARGIN? SHOW ALL WORK. Your answer 14. Say Profit is $50,000. Tax rate, t is 20%. What is the Profit after Tax (PAT). Show all work. Your answer 3. What is the most important reason for Budgeting Your answer 11. February Internet bill is paid in June. Explain which month would a company record the expense and why. Give reasons including what concept is involved. Your answer 12 The labour cost is 30,000, material cost is 40,000 and overheads is 60,000. The total labour hours is 2,000 hours and machine hours is 4,000 hours. What is the ABC overhead rate? Show your work