Q# 1(A) HASF corporation has the following information for the period just completed Direct Material 65,000 Direct Labor 74.000 Factory overhead ? Beginning work in process inventory 31,000 Ending work in process inventory 37.680 Beginning finished goods inventory 46,000 Ending finished goods inventory 22.000 Additional information Last year operating cost were 256,000 this year total operating costs of which 18% constitute selling general and administrative expenses are 30,000 lower than last year what amount represents factory overhead A 29,000 B 47.000 34,300 D 53,600 Operating cost = cost of goods sold + operating expense (08 marks) Q# 1 (B) A Hotel pays the phone company 100 per month plus.25 for each call made during January 6,000 calls were made in February 5,000 calls were made Required 1. Calculate the hotel s' phone bill for January and February 2. Calculate the cost per phone call in January and in February 3. Separate the January phone bill into its fixed and variable components 4. What was the average cost of a phone call in January (02 marks)