Required: a$.$ What cost per frame should the cost system report to facilitate management decision making? b$.$ What is the cost of excess capacity? c$1.$ What cost per frame would the cost system report if the smallest manufacturing plant that could be built was able to produce $35,000$ frames? What would be the cost of excess capacity? Note: Assume that capacity cost is proportional to volum c$2.$ What cost per frame would the cost system report if the smallest manufacturing plant that could be built was able to produce $35,000$ frames? What would be the cost of excess capacity? Note: Assume that plant capacity is fixed. Complete this question by entering your answers in the tabs below. What cost per frame should the cost system report to facilitate management decision making? Note: Round your answer to $2$ decimal places.Complete this question by entering your answers in the tabs below. What is the cost of excess capacity?What cost per frame would the cost system report if the smallest manufacturing plant that could be built was able to produce $35,000$ frames? What would be the cost of excess capacity? Assume that capacity cost is proportional to volume. Note: Assume that capacity cost is proportional to volume. Round your "cost per frame" answer to $2$ decimal places.Complete this question by entering your answers in the tabs below. What cost per frame would the cost system report if the smallest manufacturing plant that could be built was able to produce $35,000$ frames? What would be the cost of excess capacity? Note: Assume that plant capacity is fixed. Round your "cost per frame" answer to $2$ decimal places.Basil's Framing manufactures picture frames in one workshop, which has a practical capacity of $40,000$ frames. The variable cost of a frame is $\backslash (\backslash$$ $28\mathrm{.}00\backslash )$ per unit, and the fixed costs of the workshop are $\backslash (\backslash$$ $616,000\backslash )$ annually. Current annual demand is $28,000$ frames. Basil's Framing bought the current workshop because of forecasts that demand for the frames would grow. Required: a$.$ What cost per frame should the cost system report to facilitate management decision making? b$.$ What is the cost of excess capacity? c$1.$ What cost per frame would the cost system report if the smallest manufacturing plant that could be built was able to produce $35,000$ frames? What would be the cost of excess capacity? Note: Assume that capacity cost is proportional to volume. c$2.$ What cost per frame would the cost system report if the smallest manufacturing plant that could be built was able to produce $35,000$ frames? What would be the cost of excess capacity? Note: Assume that plant capacity is fixed. Complete this question by entering your answers in the tabs below.