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Question 5 4 Points Calculate the planned Gross Profit per mug under Absorption Costing using units produced as the absorption basis. Give your answer in

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Question 5 4 Points Calculate the planned Gross Profit per mug under Absorption Costing using units produced as the absorption basis. Give your answer in pounds and pence (2 decimal places). Do NOT include a sign. Blank 1 Blank 1 Add your answer Question 6 5 Points Calculate the Break Even Volume in units. DO NOT include the word 'units' or comma for thousands. ' Blank 1 Blank 1 Add your answer Question 7 5 Points Calculate the Break Even Revenue. Give your answer in pounds and pence (2 decimal places). DO NOT include a sign or a comma for thousands. Blank 1 Blank 1 1 Add your answer Question 4 4 Points The following information relates to Questions 4 to 9. Mug Ltd manufactures ceramic mugs that feature the logos of various football clubs. In April, it plans to produce and sell 2,000 mugs. Each mug includes: Direct Materials - 0.70 per mug Direct Labour - 2.35 per mug Variable Overheads - 0.50 per mug Each mug is sold for 6. Fixed Overheads for the month are planned to be 2,500. Calculate the total planned Contribution for all 2,000 mugs under Variable Costing

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