a) A company would like you to compare the types of standards and recommend the best standard to be applied in the case of purchasing computer components for the company, use a suitable example to demonstrate all your points. CR(9) b) A factory produces 300 units of a product per month. The selling price is 220 and variable cost 90 per unit. The fixed expenses of the factory amount to 9,000 per month. Calculate: i. The estimated profit in a month wherein 340 units are produced, CR(4) ii. The sales to be made to earn a profit of 8,000 per month. CR(4) c) What do you understand by the term break-even point? Mention the types of problems which an accountant can expect to solve with the help of such analysis. EV(8)