I need an answer for the question in part one and two please, the answered question previously doesn't make any sense. Any assistance would be appreciated

PROJECT QUESTIONS The two Vice Presidents in charge of sales and of production in Eleganza Company have together prepared two budgets - one optimistic, one pessimistic - for Roger Fererer, the President of the Company. The two budgets are shown in columns (1) and (2) below. The actual results are shown in column (3). The company's cost accountant was confused as to how to present an analysis. Consequently, he produced variances of actual results against both the optimistic projection and the pessimistic projection, columns (4) and (5), respectively. (1) (2) (3) (4) Variance from Optimistic Budget (5) Variance from Pessimistic Budget Optimistic Budget Pessimistic Budget Actual Results Units sold Sales 200,000 $2,000,000 75,000 $750,000 135,000 $1,350,000 65,000 $ 650.000 (60,000) $(600,000) $ 65,000 135,000 28,500 2,000 Direct materials Direct labor Indirect labor Maintenance Supplies Power Heat Light Rent Insurance $ 200,000 400,000 106,000 20,000 28.000 160,000 50,000 7,000 80,000 20,000 $ 75,000 150,000 43,500 20,000 15,500 60,000 50,000 4,500 80,000 13,750 $ 140,000 285,000 72.000 22.000 21,000 108,000 53,000 5,900 80,000 17,000 $ 60,000) (115,000) (34,000) 2.000 (7.000) (52,000) 3,000 (1,100) -O- (3,000) 5,500 48,000 3,000 1,400 -0- 3.250 1 REQUIRED: 1. Roger is baffled by the analysis. He has asked your group for a more understandable performance report. In the columns below, in clear and orderly fashion, prepare a new report. Explain your work to the President. Show all supporting computations as needed. Line Item Units sold Sales Sales or Cost Function Actual Results 135,000 $1,350,000 Revised Budget 135,000 $1,350,000 Variance 0 $0 y=$10X $ 135,000 Direct materials Direct labor Indirect labor $ 5,000U $ 140,000 285,000 72,000 y = $LX y=$2x y = $6,000+ $0.50X 2. Meanwhile, Serena Williams, Controller, has gathered data on overhead costs and direct labor-hours over the past 12 months. List and discuss the different approaches Serena can use to estimate a cost function for overhead costs using direct labor-hours as the cost driver. PROJECT QUESTIONS The two Vice Presidents in charge of sales and of production in Eleganza Company have together prepared two budgets - one optimistic, one pessimistic - for Roger Fererer, the President of the Company. The two budgets are shown in columns (1) and (2) below. The actual results are shown in column (3). The company's cost accountant was confused as to how to present an analysis. Consequently, he produced variances of actual results against both the optimistic projection and the pessimistic projection, columns (4) and (5), respectively. (1) (2) (3) (4) Variance from Optimistic Budget (5) Variance from Pessimistic Budget Optimistic Budget Pessimistic Budget Actual Results Units sold Sales 200,000 $2,000,000 75,000 $750,000 135,000 $1,350,000 65,000 $ 650.000 (60,000) $(600,000) $ 65,000 135,000 28,500 2,000 Direct materials Direct labor Indirect labor Maintenance Supplies Power Heat Light Rent Insurance $ 200,000 400,000 106,000 20,000 28.000 160,000 50,000 7,000 80,000 20,000 $ 75,000 150,000 43,500 20,000 15,500 60,000 50,000 4,500 80,000 13,750 $ 140,000 285,000 72.000 22.000 21,000 108,000 53,000 5,900 80,000 17,000 $ 60,000) (115,000) (34,000) 2.000 (7.000) (52,000) 3,000 (1,100) -O- (3,000) 5,500 48,000 3,000 1,400 -0- 3.250 1 REQUIRED: 1. Roger is baffled by the analysis. He has asked your group for a more understandable performance report. In the columns below, in clear and orderly fashion, prepare a new report. Explain your work to the President. Show all supporting computations as needed. Line Item Units sold Sales Sales or Cost Function Actual Results 135,000 $1,350,000 Revised Budget 135,000 $1,350,000 Variance 0 $0 y=$10X $ 135,000 Direct materials Direct labor Indirect labor $ 5,000U $ 140,000 285,000 72,000 y = $LX y=$2x y = $6,000+ $0.50X 2. Meanwhile, Serena Williams, Controller, has gathered data on overhead costs and direct labor-hours over the past 12 months. List and discuss the different approaches Serena can use to estimate a cost function for overhead costs using direct labor-hours as the cost driver