Question 30 (1 point) It would not be appropriate to adopt an ABC policy if which of the following were true: a) All of the other answers are correct. b) All products consumed resources in a similar manner. 3 c) The products being produced were quite similar. 16 d) The cost of developing individual cost pools was too great. Jinto Inc. ("The Company") is a manufacturer of leather gloves in China. The upcoming year is expected to be a good one. Management wants to do some scenario planning and see what the financial results would look like under different production levels. The Company has budgeted the following costs in the chart below for one pair of gloves (1 Unit) Materials 1 leather piece @ $22.00 Labour 2.5 hours of direct labour @ $17.00/hour Variable overhead 2.5 hours of direct labour @ $1.00/hour Fixed overhead for The Company will be $7.000 this year. Required: Prepare a flexible budget, for the year for the production of 1,500 and 2,000 units. Using this flexible budget, answer the following questions: Question 31 (2 points) What is the total cost to The Company, excluding fixed overhead, for the production of 1,500 units? A/ Question 32 (1 point) What is the total cost per unit for the production of 1,500 units? A/ 33 Question 33 (2 points) What is the total cost to The Company, excluding fixed overhead, for the production of 2,000 units? 36 Question 34 (1 point) What is the total cost per unit for the production of 2,000 units? Question 35 (1 point) Which of the following is true regarding a flexible budget