Mr. Trim (Pty) Ltd (Mr. Trim), a manufacturer of lawnmowers, has a financial yearend of 30 September. The budget for the financial year ending 30 September 2022 is shown below, together with the actual results achieved: Budget Actual Units manufactured and sold 5 000 4 800 R R Direct materials 4 000 000 3 936 000 Direct labour 1 500 000 1 364 000 Production overheads 445 000 440 800 Administrative expenses 300 000 320 000 Selling and distribution expenses 360 000 357 600 Total cost 6 605 000 6 418 400 The director of Mr. Trim (Pty) Ltd would like to give out financial rewards to employees for their performance during the year. The first financial reward is a bonus that he would like to give to the production manager for the actual expenses being lower than the budgeted expenses. The second financial reward that he would like to give is a wage reward to all factory workers he would like to calculate the total incentive to be paid using the Rowan premium method and split this equally amongst the factory workers. Factory workers earn R40 per hour. The following additional information is given on the budgeted and actual figures: All administrative expenses are fixed. R500 000 of the direct labour expenses are fixed. Production overheads are mixed costs. The budgeted production overheads for the previous financial year ending 30 September 2021 were R422 500 for 4 500 lawnmowers manufactured and sold. All other costs are variable. 5 HMAC230-1-Jan-June2023-SuppSA1-V2-BL-19052022 REQUIRED: 2.1. Calculate the fixed portion of budgeted production overheads using the highlow method. (5 marks) 2.2. Calculate the break-even point (in units) for the business based on budgeted costs if lawnmowers sell for R3 000 per unit. (10 marks) 2.3. Prepare a flexible budget for Mr Trim (Pty) Ltd for the financial year ending 30 September 2022. (14 marks) 2.4. Discuss, with supporting reasons, whether a bonus should be paid to the production manager. (4 marks) 2.5. Calculate the total wage incentive that will be split amongst the factory workers. You can assume that all variable labour costs are related to factory workers. (8 marks) 2.6. Calculate the following using actual expenses for the year: 2.6.1 Total prime costs (3 marks) 2.6.2 Total conversion costs (3 marks) 2.6.3 Total period costs (3 marks)