$ 112 Requirement 4 Dee Inc manufactures and sells three products, the alpha, the gamma and the epsilon. Data on the three products is as follows: Alpha Gamma Epsilon $ $ Financial Selling price 104 98 Direct materials 30 36 26 Direct labour ($18 per hour) 36 27 54 Variable overhead 12 9 18 Other: Units Units Units Expected demand 4,000 3,000 1,200 At present, there are only 12,000 labour hours available. How will these products be ranked in order to determine the optimum production plan? Show all workings. (2 marks) Requirement 5 One of the managers at Eee Inc has made the following statements about cost-volume-profit (CVP) analysis: A. CVP analysis allows for fluctuating selling prices. CVP analysis assumes productivity remains unchanged. CVP analysis assumes that the only factor affecting cost is volume. Which of the above statements is/are false? (2 marks) B. C