2 (30 marks) A- Farah owns a machine shop. In reviewing the shop's utility bills for the past 12 months, she found that the highest bill of $5,200 occurred in August when the machines worked 2,800 machine hours. The lowest utility bill of $4,600 occurred in December when the machines worked 1,800 machine hours. Required: using High-Low method Calculate the variable rate per machine hour and the total fixed utility cost B-Glasgow Enterprises furnishes the following information for October 2016 (10 marks) Sale price per unit Variable cost per unit Total fixed cost Required $ 800 $ 600 $ 60,000 1. Compute Glasgow's breakeven point in units and dollars. Prove your answer 2. Compute the number of units required to earn a target net profit of $ 120,000. 3. Compute the fixed costs of the company if BEP (units) is 3,200 units and theselling price per unit is $1,600 and the variable cost per unit is $1,100. (10 marks) C-Management of Nour Corporation has asked your help as an intern in preparing some key reports for April. Direct materials cost was $64,000, direct labor cost was $47,000, and manufacturing overhead was $75,000. Selling expense was $15,000 and administrative expense was $44,000. Required: Calculate: Conversion cost and total manufacturing cost. (5 marks) D-Errors can be classified into those that do and those that do not affect the trial balance. Errors that do not affect the trial balance means that it still balances. Errors that affect the trial balance result in a discrepancy that prevents it balancing. State 5 errors of each type