Followings statement and Calculation are wrong? You are required to correct following statement and Calculation. (2 Marks)

a) Management Accounting is legal requirement for any entity. b) Financial Accounting Focus on individual part of a Business. c) Budgeting process is very important part in decision making process and this step is adopted at end of the decision making process. d) Non Volume based cost drivers i.e. quantity of units and Batches of units. e) Advertisement is step variable cost. f) Contribution margin P.U. 30% and Contribution margin in total 25% g) Mixed cost in total remains constant and in Per Unit not remain constant. h) If total cost is Rs 4000 and Variable Per Unit Rs 10 and Activity 250 then fixed cost is Rs 2500. i) Labor is committed cost. j) Customer sustaining activity explains how much company make units. k) At breakeven point company have no profit and no loss and Companys Variable expenses equal to contribution margin. l) At breakeven point company sold zero units. m) If the company sold 350 units at selling price Rs 250 and Variable expenses per unit Rs. 150 and Fixed Expenses Rs. 35000 and then company earn profit Rs 3000 n) Management Accounting Report Frequency is monthly. o) Material is true variable cost is false. p) Target profit is calculation in dollar formula in contribution method is Fixed Expense/CMPU+Target Profit q) Plant related cost and long term expenditure is fixed discretionary cost. r) ABC companys sales $25000 and per unit sale $ 100 and next period company sales $30000, this period company sold units 250 units. s) Fixed Expenses is equal to Variable Expenses and Contribution margin is also equal to Fixed Expenses then profit of company is Rs. 10000 t) Fixed Expenses/CM Ratio = Breakeven in units sold.