a) Define with example: Variable cost and fixed cost. [03] b) What is Break-Even point? Why it is important for a company to know its breakeven point level of sales? [02] c) Fill in the blanks: (05) (i) Permanent accounts include Closing entries are made to close the (iii) Mention four items that are included in manufacturing overhead (ii) (iv) Work in process indicates (v) Cost of goods manufactured means. (vi) Ratio analysis expresses the relationship