Exercice 3 - Mr Smith In February 2023, Mr Smith created an industrial bakery. You have the following information for the month of March 2023 : Sales: 150,000 baguettes at 1 each. Variable costs: -Purchases of raw materials (flour, salt, etc.): 0.30 per baguette; -Other variable costs (energy etc ...): 0.10 per baguette. Fixed costs: Staff costs: The manager's fee: 5,000 5 workers, average salary per worker: 2,400 1 accounting secretary: 2,600 2 delivery men, average salary per delivery person: 2,200. Depreciation: Baking equipment (kneader, oven, etc....): 3,500 Delivery vehicles: 1,200. Other fixed costs: 2,500. All amounts are shown excluding taxes. There is no stock, neither finished goods nor raw material. Question 1/5. Enter your answer Calculate the contribution profit (percentage or number) and operating profit for the month of March. The workers inform the manager of their refusal to accept a pay of 0.08 per baguette. Their argument is as follows: "Even if we work at full capacity, that is to say 30,000 baguettes per month, we can earn, at most 2,400, that is to say, the same as we are guaranteed to earn with the fixed price pay scheme. We will accept to be paid a rate of 0.10 per baguette, which allows us at full capacity to earn 3,000, which offsets the risk we take for potential lower production and therefore lower salary. " The manager defers his answer and asks you, as the controller, to recalculate the operating profit for April in this case. Qworde Question 5 i 5 - Enter your onwwer Given the results provided by the controller, the manager will make a counter-proposal to the employees and asks you to specify to him at what price per baguette he can go up to in the negotiation, so that the operating profit does not fall below that previously made under the fixed pay scheme (as per the operating profit in question 2). What price can do you advise to negotiate to? Question 2/5 - Enter your answer The only constraint in terms of capacity for the company is the monthly production per worker which can not exceed 30,000 baguettes. In April, the production is 160000 baguettes, as a 6 th full-time worker was hired (who refuse to work part-time). a) Calculate the profit of April. b) Calculate the break-even point expressed in number of baguettes sold monthly and in value. c) Determine the operational leverage. Exter your answer here Question 3/5 - Enter your answer What would happen if the wages of the workers were paid by the baguette, on the basis of 62,400 for 30,000 sticks? Recalculate the April operating profit, break-even point in terms of quantity or value and operating leverage