BED: assembles and sells motor T.Fehicles. It uses an actual costing system, in which unit costs are calculated on a monthly.r basis. The selling price permotor vehicle is 24,000. Data relating to April and Delay of 2015 are: Anni it Unit data Opening stock 0 150 Production 500 400 Sales 350 520 Cost data Variable Manufacturing costs per unit produced $10,000 $1 0,000 Fixed Manufacturing costs $2,500,000 $2,000,000 Which statement is correct? Correct Answer: :1. Prot under Absorption Costingr is larger than that under 1infarialle Costing only in April. Pl'il my: Unit data Opening stock 0 150 Production 500 400 Sales 350 350 Cost data Variable Manufacturing costs per unit produced $10,000 $1 0,000 Fixed Manufacturing costs $2,500,000 $2,000,000 'Which statement is correct? Correct Answer: b. Prot under Absorption Costing is larger than that under Variable Costing in both April and Ivlay. Question 3: Econ Pty Ltd produced and sold 45,000 units of a single product last year. Data concerning the year's prot and loss statement is as follows- Sales Revenue $ 1,350,000 Manufacturing Costs Variable $ 535,000 Fixed $ 2T0,000 Selling Costs Variable $ 40,5 00 Fixed $ 54,000 Administrative Costs Variable $ 134,500 Fixed $ 103,000 What was Econ's breakeven point (rounded) in unit sales? Correct Answer: c. 36,000 units What was Econ's breakeven point in dollar sales? Correct Answer: c- $1,030,000