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Please answer and explain questions 1 through 5 for me. I'd truly appreciate it. I've attached the references here: Read the case and follow instructions

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Please answer and explain questions 1 through 5 for me. I'd truly appreciate it. I've attached the references here:

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Read the case and follow instructions to complete the assignment. Caroll Manufacturing company manufactures a single product. During the past three weeks, Caroll's cost accountant observed that output costs varied considerably. The weekly production costs are as follows: Output Direct Direct Indirect Indirect Factory Other Week Units Materials Labor Labor Materials Electricity| Insurance Overhead 1 800 $600 $1,000 $360 $600 $230 $250 $620 1000 750 1250 400 600 250 250 720 1200 900 1500 440 600 270 250 820 Additional information gathered for the analysis reveals that the selling price per unit of product is $8.00 and the sales force earns a 10% commission for each unit sold. The accountant also found that other administrative and selling expenses are fixed at $1,562 per week. Caroll does not carry inventory and, therefore, the number of units produced is equal to the number of units sold. Income information for three weeks is as follows: Week 1 Week 2 Week 3 Sales $ 6,400 5 8,000 9,600 Cost of Goods Sold $ 3,660 $ 4,220 4,780 Gross Margin 2,740 3,780 4,820 Other Expenses 2.202 5 2,362 5 2.522 Net Income 538 1,418 2,298 Notice that cost of goods sold (COGS) per unit changes depending on output volume. At 800 units sold, COGS per unit is $4.58. At 1,000 units sold, COGS per unit is $4.22. At 1,200 units sold, COGS per unit is $3.98 The cost accountant observed that the COGS per unit declined as production volume increased. The analysis was used to support pricing decisions at Caroll Manufacturing. The completed cost analysis used the average three-week production volume to determine the cost of production to be $6.58 per unit. The per-unit cost was also assumed to be the break-even cost, which was used to develop guidelines for the sales force. Instructions: 1. Complete the highlighted items in the Excel Template, following the directions provided in the worksheet. Use Excel formulas to compute your answers. Credit cannot be awarded if the formulas are not included.2. Use the amounts you computed in the Excel Template to complete items (a) through (h): a) The variable manufacturing cost per unit for this product is b) The total variable cost per unit for this product is c) The total fixed manufacturing cost for this product is d) The total fixed cost for this product is e) The total manufacturing cost when 1,000 units are produced is f) The total cost when 1,000 units are produced is g) The manufacturing cost per unit when 1,000 units are produced is h) The total cost per unit when 1,000 units are produced is Answer each of the following questions (show your computations and formulas directly under each question): 3. How many units does Caroll need to sell to break even? 4. What would be the per-unit profit if 80 units were sold (above and beyond break-even volume) by the office manager (no sales commission is paid on this order)? 5. Suppose a loyal customer requested to a special order to buy 100 units at $5.50 per unit. This is a one-time only order, the manufacturing company has the capacity to fill this order, and by filling the order no other regular order will go unfilled. a) Would you fill this order if you were the manager? Why? b) Is there an opportunity cost associated with this order? Explain. c) What would be the per-unit profit or loss for filling this order? 6. What did you learn about relevant costs for decision making from completing this case? (Each member of the team must contribute a paragraph to this answer. Include your name at the end of your paragraph.)Units of Direct Direct Indirect Indirect Factory Other Week Output Materials Labor Labor Materials Electricity |Insurance Overhead Caroll Manufacturing 30 $600 $1,000 $360 $600 $230 $250 $620 2 100 750 1250 400 600 250 250 720 Unit Total Cost of 3 1200 900 1500 440 600 270 250 320 Variable Fixed 1000 Units Manufacturing Cost Cost Cost Total Per Unit Enter F, V, or M Direct materials Direct labor Instructions: Indirect labor The purpose of this exercise is to help you to understand how costs behave relative to activity volume and Indirect material how to differentiate between total and per-unit fixed, variable, and mixed costs. Electricity Factory Insurance Determine whether each of the manufacturing costs listed above are fixed, variable, or mixed Other overhead and enter F, V, or M into the appropriate boxes above Total Manufacturing Costs Hint: if the total cost of an item is the same for all levels of output, the cost is fixed; if the unit cost of an item is the same for all levels of output, the cost is variable. Administrative and Selling otherwise, the cost is mixed. Admin/Selling Expenses Total Costs 2) Once you determine the behavior of each manufacturing cost item, complete the Manufacturing Costs" table to the right, following the instructions below: For items categorized as "V: Input to column L the computation for each variable cost item. For items categorized as 'F': enter in column M the total fixed cost. For items categorized as 'M': Follow instructions in #3, below. NOTE: Some of the highlighted cells in columns L and M will remain blank. No need to enter zero. 3) Mixed costs will have to be separated into their fixed and variable components using the High-Low Method. Compute each component, showing all work in the High-Low Worksheet tab Once you have computed each component, use Excel cell references to feed the information to the appropriate cells in the schedule to the right. 4) Once columns L and M have been completed, use the information in these two columns to compute total manufacturing cost (column O), assuming 1,000 units are produced. DO NOT feed the totals from the original given data. It is important that you know how to compute total costs even when the total costs are not given in the problem. 5) Finally, compute the unit costs in column P and the Administrative and Selling data at the bottom of the table

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