Question 1 (11 points) The following information pertains to Ford Food Service for the first two quarters of a year. Ford Food Service First Quarter Second Quarter Sales at $5.20 per meal $46,800 $72,800 Total costs 72,000 90.000 Income (loss) ($25,200) ($17,200) Each dollar of variable costs comprises 50 percent direct labor, 30 percent direct materials and 20 percent variable overhead costs. Ford expects sales units, price per unit, variable cost per unit and total fixed costs to remain at the same level in the third quarter as during the second quarter. Ford sold 14,000 meals in the second quarter