? Assume that the following are the list and nature of the costs of Solar Technology for 40,000 batteries produced during the year 2021. (a) Complete the table below (assume the given cost figures are for 40,000 units): Nature Compute Cost Per unit Cost Total of cost variable cost Fixed cost Admin salaries & commission (note) $110,000 Mixed ? Advertising 90,000 Fixed Maintenance, production 48,000 Variable ? Indirect labor cost 64,000 Variable ? Cleaning supplies, production 16,000 Variable ? Raw materials cost 256,000 Variable ? Rental cost, facilities 75,000 Fixed ? Insurance, production 8,000 Fixed ? Depreciation, office equipment 26,000 Fixed ? Utilities 80,000 Fixed ? Depreciation, production equipment 57,000 Fixed ? Direct labor cost 64,000 Variable ? Total ? ? Note: Quarterly admin salaries and commission for the year 2020 against different sales levels were: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Units produced and sold 20,000 18,000 25.000 42,000 Cost (5) 94,000 92,400 98,000 112,600 (b) Prepare an income statement under contribution format for 32,000 units sold. (c) Why the profits under Requirement 2(b) and requirement 4 (b) are different? Explain your understanding in short. (a) Compute the variable cost ratio and contribution margin ratio for Solar Technology Inc. (e What is the breakeven point of the company? If the company wants to earn a target profit of $36,000 a quarter, how many units they have to sale in a quarter? (9) To improve the performance of the company, Solar Technology is evaluating different alternatives as stated below. Which proposal do you support? Why? Show all necessary calculation for the each of the proposals. Proposal : Roger Strong proposed that an introduction of a high-quality circuit will increase the production cost by $2 but will help boosting sales volume by 20% and could eliminate some fixed cost related to quality inspection by $40,000. Proposal 2: Looking at the production costs, the operations manager suggested that a part of the product may be purchased from outside vendors instead of producing it in the factory. The purchase price per unit of that part is expected to be $3 whereas the existing variable cost may decrease by $5 per unit. This action will increase inspection cost $20,000 per quarter and may reduce sales volurne by 5%. Proposal 3: The CEO of the company believes spending more for advertisement may increase sale. He suggested to spend $50,000 more which may increase sales volume by 20%