(2) Please find the Production level ($Y) to achieve 15% RPP (Required Profit percentage) if CMP = 20% and TFC (Total Fixed Costs) = $80,000 (3) A flood will hit the farm soon and now it's harvest time of strawberry. Please use the following condition to decide whether you should harvest the strawberries or not (Use two different methods (short-run and long-run) to solve this question as discussed in class). We Invested $17 per plant of strawberry Going in to harvest what is left will cost an additional $9 per plant (the variable cost) for a total cost $26 per plant It is expected to yield 2 kilogram per plant and market price of strawberry is $4/kilogram Q2. A supervisor of inventory control in a diary product factory is generating a total inventory cost report for pasturized milk. He has the following information: The price of pasturized milk is $22/gallon, the carrying cost percentage is 8%, the annual use is 700 gallon and the cost of placing an order is $250. It usually takes 20 days to get an order. (1 points) (1) Find the Economic Order Quantity (EOQ)? (2) What is the total costs (Minimized total costs)? (3) reorder point(ROP)? Q3. Consider the following Cases and determine if there is the NWC change and how the NWC change. (Hint: NWC=Current Asset - Current Liability) (1 point) Case 1: Inventory purchase is paid by using long-term (more than one year) loan and it is not matured Case 2: Inventory purchase is paid by using long-term loan within this year accounting period) and it should be paid off in cash within accounting period