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Assignment Question for Cost Accounting-!! Montezuma's chocolate company manufactures and sells finest and most innovative chocolates Following data are collected from the financial statements of Montezuma's in the month of June 2021 for three different types of products. Types of Chocolate Absolute Black Chocolate buttons Vegan & Organic Truffles Sales 200000 units @ Tk 3.00 120000 units @ Tk 5.00 80000 units @ Tk 7.00 Variable expenses Tk. 1.50 per unit Tk 3.50 per unit Tk 4.00 per unit Fixed expenses Tk 1,80,000 Tk 1,10,000 TK 1,20,000 Requirements: (1) From the above data of Montezuma's company prepare the contribution format income 4 statement for each type of chocolate, (0) Compute the break-even point of each type of chocolate in both amount and units of sales, 4 () Because of lifting lockdown in July, Montezuma's expect 5% increase in sales in July 2021 If cost behavior patterns remain unchanged how much will the company's net 4 operating income increase for each type of chocolate? (iv) Refer to the original data, assume that in the month of August management wants 3 company to cam a profit of at least Tk. 2,00,000 for each type of chocolate. How many units will have to be sold to meet this target profit? Refer to the original data, compute the company's margin of safety in both amount and 3 percentage form. (vi) Refer to the original data, assume the company expand its capacity to produce more 7 quality chocolate for fulfilling summer demand (10% increase in sales) in September. The higher quality chocolate would increase variable cost Tk. 0.75 per unit for each type of chocolate and management would hire a quality inspector who is paid a salary of Tk 30,000 per month What would be the net operating income of Montezuma's company in September