Question 5 10 Points A company sells a product at a price of150 per unit. The full production cost ofthe product is 100 per unit of which 25 per unit is fixed production overhead. The company manufactures 1,000 units during a period of which 950 units are sold in that period. What will be the difference between the profit measured on absorption costing compared to the profit measured on a variable costing basis? Variable costing prot will be 2,500 greater than absorption costing profit Absorption costing prot will be 1,250 greater than variable costing prot 6:) Absorption costing prot will be 2,500 greater than variable costing prot. Variable costing prot will be 1,250 greater than absorption costing profit Question 6 10 Points If direct materials cost 200, direct labour 75, and manufacturing overhead is 50. What is the conversion cost for that product? Question 8 10 Points An organisation wishes to work out the full cost of producing 5,000 units ofa product. Each product needs 2kg of material A, which costs 5 per kg, and 3kg of material B, which costs 10 per kg. The labour cost is 20 for every two products made and there is a fixed overhead cost of 20,000 associated with the production of these units. What is the full cost of producing 5,000 units of the product? Question 9 10 Points A worker is guaranteed a minimum wage per shift of 80. Pay is 4 for each unit made in a shift up to 22 units. After that, 5 per unit is paid for each additional unit made. The worker worked two shifts making 18 units in the first shift and 25 units in the second. How much will the worker be paid for the two shifts