Numerical Questions INSTRUCTION: Read the questions carefully and use the information provided in each question to answer that question. Show all your calculation and workings. Question 1: For the production of 10000 units of a product, the following are the budgeted expenses: Expenses Direct materials Direct labor $ (per unit) 20 10 2 Direct variable expenses Variable production overhead Fixed overhead ($70,000 rigid for all levels of production) Selling expenses (10% fixed, others variable) Administration expenses ($20,000 rigid for all levels of production) Distribution expenses (20% fixed, others variable) Total cost per unit 2772 2 62 a. Prepare a budget for production of 18,500 and 28,500 units showing distinctly marginal cost, total cost and cost per unit. (Rubrics: each correct row entered in the budget table carry 0.25 mark and 2 mark for showing the workings and calculations. Total for the question is 9 marks)