Question - 5 (Compulsory) a. Fusion Company has the following accounting data for the month ended June 30, 2020: Direct materials Direct labor Factory overhead Administration overhead Selling & distribution overhead Profit Tk 300,000 200,000 100,000 80,000 60,000 185,000 In July, 2020 Fusion Company needs to prepare a quotation for a job order for which following estimates have been made: Direct materials Direct labor Tk 4,000 2,000 Assume that in July 2020 administration overhead has gone up by 15% and factory overhead has gone down by 10%. Fusion Company applies factory overhead as a percentage of direct labor and all other overheads as a percentage of works cost. Required: i. Prepare a job cost sheet for June 2020. ii. Prepare an estimated job cost sheet for the job order in July 2020 if Fusion Company intends to earn same rate of profit as of previous month. b. Explain opportunity cost and sunk cost