Question ? (30 marks) A- AAA Manufacturing Company has the following information about its product: Selling price per unit 150 Fixed costs S200,000 CM Ratio Required 1. Calculate the variable cost per unit 2. Assume that the company plans to sell 15.006 units this year. In your opinion, did you think the Company would be better off with this plan? Support your answer with necessary calculations 3. How many units the company needs to sell to reach a break-even? Proof your answer (10 Marks) B- The AAA Company, is a large retailer of snowskis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $1,176,000 Selling price per pair of skis $ 420 Variable selling expense per pair of skis S 46 Variable administrative expense per pair of skis S Total fixed selling expense $ 145,000 Total fixed administrative expense S 105,000 Beginning merchandise inventory $ 65,000 Ending merchandise inventory $ 115,000 Merchandise purchases $ 320,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31 3. What was the contribution margin per unit? 4. Which income statement format would be more useful in estimating how net operating income will change in responses to changes in unit sales! Why? (10 Marks) C-Management of Farah Corporation has asked your help as an intern in preparing some key reports for April. Direct materials cost was $30,000, manufacturing overhead costs for the month was $54,000, and direct labor was 60% of conversion cost. Required: Calculate direct labor cost and prime cost (5 Marks) B124/THE-Final (V11) Page Summer 2020/2021 II April D-ABC Company gathered the following information for the last six months Manth Electricity Cest Machine Her January S48.800 27.800 February 60,600 35.200 March 58,000 33.600 44,680 25.400 May 39,800 23.200 Junc 29,800 13.200 Required: Using the high-low method, answer the following questions show computations to support your (1) Calculate the estimated variable portion of electricity costs per machine bour? (2) Calculate the estimated filled Electricity cost cach month (3) If it is estimated that 10.000 machine hours will be run in July, what is the expected total Electricity cost for July