Please help me to find answers to the questions in the attached file/picture below. Thank you!

John's Bookkeeping and Tax Services provides consulting services to hotels and restaurants. John's charges customers $50 per hour for any work done. John's has ve employees. John's pays each employee $50,000 per year and each employee provides 2,000 hours of work per year. Other xed costs at John's amount to $150,000 per year. Variable costs are $5 per hour. John's expects to provide 9,500 hours of work to its customers in the upcoming year. Prepare a worksheet for a contribution margin income statement. showing per unit and total amounts. to answer each of the following questions. Required a) What is the expected operating prot in the base case scenario above? Contribution Mar in Income Statement b) John's believes that if the hourly rate is reduced to $46.00. demand will jump to 11,000 hours. However. variable cost will increase to $7.00 per hour because the employees will have to be paid overtime in addition to their xed wage. What is the expected operating prot in this scenario? Contribution Mar in Income Statement c) John's is thinking of using a piece rate approach to compensation. Workers would be paid $150 for each job they complete. The average number of hours per job is 5. Therefore the total average variable cost per job will be $175 {$150 plus 55 x 5 for other variable costs). John's feels that this will increase worker productivity. If the average price per job is set at $240. John's feels that the potential demand will be 2,600 jobs. However, even though worker productivity is expected to increase in the piece rate system, the total number of jobs the ve employees will be able to deliver is only 2.500. What is the expected operating prot in this scenario? Contribution Mar in Income Statement