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Question-1: Following information has been taken from the accounting records of Faris & Co for two years 10 Marks Years Sales Profit 2017 S 1000,000

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Question-1: Following information has been taken from the accounting records of Faris & Co for two years 10 Marks Years Sales Profit 2017 S 1000,000 $ 160,000 2018 1200,000 200,000 Compute the following results a) P/V Ratio b) Fixed Cost for two years c) Breakeven point in dollars sales d) Sales required earning a profit of $ 240,000 e) Profit when sales are $ 600,000 Question-2: Lloyds Tool Co. had provided the following data [10 Marks Mont Support Machine Hours Janua88,000 6800 Febru184,000 6400 March 78,000 6000 April 74,000 5600 May 72,000 $200 June 96,000 6600 a) Find Monthly fixed support cost and the variable support cost per machine hour by using High-Low Method b) Show Cost function equation for the company Question-3: Maintenance Department at Parkview Medical Centre provides the following information recorded for 3,700 patient-days Monthly Cost January Amount Supervisor Salary and benefits S 26,600 Hourly workers wages 102,718 Equipment Depreciation 41,110 Equipment Repairs 39.228 Cleaning Supplies 52,304 Total facilities maintenance Costs 261,960 Find Cost-Function equation using Account Analysis

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