5) The Yard Company is a manufacturing company located in Toronto, Ontario. Production for the month can vary between 750 to 1200 units. The manufacturing costs for August when production was 1,000 units is budgeted as follows: Direct material - $11 per unit, Direct labour - $7,500, Variable manufacturing overhead- $5,000, Factory depreciation - $9,000, Factory supervisory salaries -$7,800, and Other fixed factory costs- $2,500. Calculate the flexible budget for a month when 1,200 units are produced. 6) The Pant Company is located in Toronto, Ontario. The company's static budget at 3,000 units of production includes $10,000 for direct material, $12,000 for direct labour, $3,000 for utilities (all variable), and total fixed costs of $15,000. Actual production and sales for the year was 6,000 units, with an actual total cost of $55,000. Calculate the amount the static budget for The Pant Company is over or under budget versus the total actual cost. Explain what a company should do with this information. 7) When a company is designing a balanced scorecard approach for their operations, a company should attempt to link performance measures on a cause and effect basis. Please indicate if this is true or false and explain your reasoning. 8) Management of the Pop Company would like the Syrup Division to transfer 10,000 containers of its final product to the Energy Drink Division for $100 per container. The Syrup Division sells the product to customers for $150 per unit. The Syrup Division's variable cost per unit is $75 and its fixed cost per unit is $25. The Syrup Division has 5,000 units of available capacity. What is the minimum transfer price the Syrup Division should accept? Explain why It is important to consider your capacity