Creating Managerial accounting system for my imaginary companyHere are main topics to be covered and you are free to add as many information from our course as you wish:What are the main products produced? What are the cost centers? What is your company's cost structure? Tell me about the product and sales mix Calculate the Break Even Point in units and sales dollar Describe and draw your company's Cost$-$Volume$-$Profit Graph Tell me about variable and fixed costs of your company? Describe which of the fixed costs are committed and which of them are discretionary What is your target net profit and how many units you need to produce and sell $($services to provide$)?$ Which of your company's costs are direct and which are indirect What are cost drivers for indirect cost allocation? Prepare your company's income statement using Absorption approach Prepare your company's income statement using Contribution$-$Margin Approach Imagine that you are buying new machinery, that will replace an existing one and can produce more items than existing one. Keep or replace old machine? How you would decide? Give your data for the analysis and calculation Prepare the operating budget for $2023$ year and rolling budget for the current date, end of May$2023.$ Write about the numbers and process: What should be taken under consideration and why. Explain what is variance, Favorable and unfavorable variances according to your budget. Tell about the management system in your company. What incentive system you think is the right one for your company? Give the example of ROl and EVA calculation for your company Calculate NPV A short summary