Q. 3: Accounting a) Bill Wong manufactures and sells compact discs. Price and cost data are as follows: 30.00 Selling price per unit Variable cost per unit: Direct materials Direct labour Manufacturing overhead Sales commission Total variable c 11.00 5.00 4.00 1.50 osts per unit Annual fixed costs Manufacturing overhead Selling and administration Total annual fixed costs Forecast annual sales volume for 2016 193 000 270 000 120 000 units Required: i) What is the contribution margin per compact disc? ii) What is Bill Wong break-even point in units? iii) What is Bill Wong break-even point in sales dollars? iv) What is Bill Wong anticipated net profit before tax for 2016? Give two reasons why net profit in the income statement will be different to the final cash balance in the Bank ccount b) (2x5-10 marks)