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I need help with these accounting questions!!! Part 2 Question No. 5 (a to h) Marks only 9 marks Always start your answer in column

I need help with these accounting questions!!! Part 2

image text in transcribed Question No. 5 (a to h) Marks only 9 marks Always start your answer in column B...COLUMN A IS FOR INSTRUCTOR USE ONLY You may use space below the question to show calculations. Please put correct answer in the underlined space provided. ABC Company projected operating income for the next fiscal year as follows: Sales Less: Variable Costs Contribution Margin Less: Fixed Costs Operating Income $ $ $ $ $ Total Per Unit 240,000 $ 24.00 144,000 $ 14.40 96,000 $ 9.60 76,800 19,200 a) Required: Compute the breakeven point in units. (1 Mark) b) Compute the breakeven point in sales. (1 Mark) c) Compute the contribution margin ratio. (1 Mark) TOR USE ONLY year as follows: Question 6 (a to e) Marks only 11 marks Always start your answer in column B...COLUMN A IS FOR INSTRUCTOR USE ONLY You may use space below the question to show calculations. Please put correct answer in the underlined space provided. ABC Company, a job order costing company worked on only three jobs. On May 1, the two jobs have the following costs: Direct materials Direct labor Applied Overhead $ $ $ $ Job 1 4,640 6,400 5,440 16,480 $ $ $ $ Job 2 13,200 17,600 14,960 45,760 $ $ $ $ Job 3 6,000 20,640 17,544 44,184 During May, the following costs are incurred for the three jobs: Direct materials Direct labor Job 1 Job 2 Job 3 $ 11,168 $ 5,600 $ 12,000 $ 11,040 $ 8,000 $ 4,800 Job 1 was completed on May 25 and the client was billed at cost plus 50%. Job 2 remained in work-in-process. Job 3 was completed on May 31 and will be delivered to client on June 15. a) b) Required: Compute the overhead rate based on direct labor cost. Compute the overhead applied to Job 1, 2 and 3 during the month of May. (1 Mark) (3 Marks) Job 1 Question 7 (a to d) 4 marks ur answer in column Marks B...COLUMN A IS FOR INSTRUCTOR USE ONLY may use space below only the question to show calculations. se put correct answer in the underlined space provided. ABC Company produces and sells costume jewelry and has a relevant range of 400 to 4,000 units. Required: Complete the following schedule: 550 units a) Total fixed cost $ 79,200.00 b) Variable cost per unit $ 96.00 c) $ 240.00 Total cost per unit d) Total cost $ 132,000.00 relevant range of (3 Marks) units

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