Please explain in detail

Consider the following information from accident/calendar year 2021 - There were 525,000 written exposures in accident/calendar year 2021. - There were 500,000 earned exposures in accident/calendar year 2021. - Target UW Profit Margin is 3% A) (1.5 points) Use the All Variable Expense Method to calculate the Variable Permissible Loss Ratio for 2021. B) (0.25 points) Use the Exposure-Based Projection Method to calculate the Fixed expense per exposure. C) ( 0.25 points) What would the Variable Expense ratio be for the Exposure-Based Projection Method? D) (0.5 points) Is the All Variable Expense Method or the Exposure-Based Projection Method more accurate for projecting future expenses? Briefly explain your selection