C12 1 Khan Products Company uses a job order cost system for a number of months, there has been an ongoing it between the sales de mesaction departe special order product TC 1 TC1 is a seasonal product that matchared in batches of 1000 unts TC 1 sont coupon a mai of 40% of cost The sales department is thapoy because tasting unt production cost significant et selling prices sales persone con that this has creditorer impinis de loss of considerable orders for TC-1 The production department mantan that each job order must be fully costed on the basis of the costs incurred during the period in which the goods we produced Production personel mar that the only real solution is for the sales department to create sales quantities in the dock periods Andrea Party, president of the company asks you as the company accountant to collect quarterly data for the past year on TC.1. From the cost accounting to you accumulate the towns production quantity and cost data Quarto Costs Direct materials Direct labor Manufacturing overhead Total Production in batches Unit cost per batch) "Rounded 5100 000 $220.000 500.000 $200 000 50.000 132.000 8 000 120.000 105.000 153.000 97000 125.000 $265.000 $505.000 $225,000 $445.000 5 11 4 10 553 000 $45.000 550 250 544 500 instructions What manufacturing cost element responsible for the factoringunt costs? Why? What is your recommended solution to the problem of using costs? Restate the quarterly data on the base of your recommended solution CT25 An con reads Service LRF Printing provides penting services to many different corporate cients Although LRF bids must some os particularly new ones are negotiated on a cost plus basisCost-plus means that the buyer is willing to pay the actual cost plus a return of on these costs to LRF Alice Retey, controlled to LRF, tas recently returned from a meeting where IRFs president stated that he wanted her to find a way to charge more costs to any project that was on a costas basis. The president noted that the company needed more pronts to meet its stated goals this period lly charging more costs to the cont pas projects and therefore tower costs to the jobs that wered, the company should be able to increase proft for the current year Nice know why the president wanted to take the action Rumors wore that he was bong Brauw portion and if the company reported strong potes, the president opportunities would be enhanced Alice who recognized that she could probably increase the cost of certain jobs by changing the basis used to as manufacturing ovomnood Instructions Who are the stakeholders in this situabon? Witare me vlcalines station What would you do if you were Alice Relay