I need the solutions for all the parts. No partial answer will be accepted.

627B2 Financial Accounting & Management Accounting uestion1 Cleo Limited manufactures and sells two types of products, including X and Y. The company is now considering to produce new product-Z. To decide whether or not to produce the new product Z, the following information has been provided: The normal selling prices, annual sales volumes and total variable costs for the two products are as follows: (1) Annual sales units 6,000 units 3,000 units Selling price per unit $200 $180 Costs per unit: Direct materials Direct labour Variable overheads $50 S60 $20 $70 S40 $40 (2) The company intended to produce 4,000 units of product Z with selling price of $150 per unit. However, this could scarify the resources in producing X and Y. It is expected that the sales of X and Y could be decreased by 5% and 10% respectively. Direct labour cost for product Z is estimated to be $60 per unit. retraining costs of $22,000 is needed in order to train the employees to work in the new production line. Also, a supervisor with annual salary of $20,000 will be employed to supervise the production of new product Z. (3) However, a one-off Cleo Limited operates a just in time (JIT) policy and so all material cost would be ordered only if production of product Z started. The company expected that direct material cost for product Z is $60 per unit. However, the material supplier has a volume based discount scheme in place as follows: Total annual expenditure (S) 0-200,000 200,001-400,000 400,001-600,000 (4) Discount 1% 2% 3% AB-0001 Assignment Page