i) You have engaged as the management accountant of Sharon manufacturing companys. You were unable to complete the profit statement for its financial year when it is operating at 60% of capacity as given below. Sales12,000units 440,000 Less: Direct materials @ GH5 ? Direct wages @ GH2 ? Production overhead: Fixed 35,000 Variable@ GH4 ? Less: Admin,selling& distrition cost: Fixed 60,000 Varying @ GH2 with sales volume ? Net profit ? Additional information: At the current operating level, all costs behave as expected, however, at higher levels, the company must employ a quality assurance officer whose salary will be GH3,000 monthly. Management has asked you to advise the board using the uncompleted statement. Required a) Establish the Break Even point at full capacity (100%) b) How important will it be to continue at the current level instead of the intended level c) Sketch the break-even chart at full capacity d) Management intends to avoid a loss of GH20,000 in the future. Advice management on the quantum of goods they must sell to achieve their objective. e) Re-draft the completed financial statement at the intended level of 100% capacity