a. Cheap Warehousing Ltd provides storage facilities to one of its customers, Rainbows Removalists. The following data related to Rainbows Removalists for 2020: Revenues $270,000 Cost of goods sold $210,000 Material handling direct costs $19,000 Deprecation- warehouse $5,500 Depreciation- material handling equipment $7,900 Rent $6,400 Warehouse insurance $20,000 I General administrative costs $21,000 Allocated facility-sustaining costs $13,000 Customer storage and distribution $22,600 Customer services and marketing $15,500 Total costs $340,900 Operating profit (loss) S(70,900) If Cheap Warehousing Ltd drops the Rainbows Removalists account, it could generate $32,000 incremental future operating income per year from the released space. Required: Based on relevant-revenues and relevant-cost analysis, should Cheap Warehousing Ltd drop the Rainbows Removalists account? Show your calculations. Type your answer here (9 marks) b. Bright Tailors Ltd produces and sells Men's suits and Women's suits. The budgeted data for May 2020 are as follows: Men's suit Women's suit Sale price per suit $1,000 $1,300 Variable costs per suit $800 $1,000 I Bright Tailors Ltd is expected to receive 300 sales orders for Men's suits and 500 sales orders for Women's suits in May 2020. But there are only 2,000 machine-hours available for tailoring suits in May 2020. It takes 2 machine-hours to tailor one Men's suit and 4 machine-hours to tailor one Women's suit. Required: How many Men's suits and Women's suits (i.e. product mix) will maximize the Bright Tailors! operating income for May 2020? Show your calculations