Question 1 (34 marks) Evergreen Ltd. is a manufacturer of equipment for the forestry industry. The following account analysis represents account data for the past fiscal year 2018: Account Classification Amount Direct materials all variable $3,950,000 Direct manufacturing labour all variable 6,850,000 Utilities 75% variable 241,000 Supervision labour 90% variable 315,000 Shipping and receiving 60% variable 228,000 Maintenance 80% variable 1,600,000 Depreciation 0% variable 950,000 Rent, property taxes, central office 0% variable 366,000 The company produced 25,000 pieces of equipment in 2018 and is planning to produce 32,000 in 2019. Direct materials are expected to increase by 2.5% next year Direct manufacturing labour & supervision labour is expected to increase by 3% in the new year. Utilities are expected to increase by 1% Maintenance is expected to increase by 4% No increases are expected for Shipping and Receiving, Depreciation and rent, property taxes, and central office Required Using the account analysis method, prepare a schedule that reports variable, fixed and total manufacturing costs for each account in 2018 and 2019 (round to the nearest dollar). 2. Calculate the total manufacturing cost per unit for 2018 and 2019. 3. Report the cost function for 2018 & 2019