SECTION A Question one SK Corporation has provided the following miscellaneous information regarding the operations of financial year 2020 sh Sales 10,000,000 Direct materials used 4,000,000 Direct labour 1,500,000 Fixed manufacturing overheads 2,000,000 Fixed selling and administration expenses 1,000,000 Gross profit 2,000,000 Net loss 500,000 Required Calculate: 00) Factory cost of goods sold (2 marks) (ii) Variable factory overhead (4 marks) (1) Variable selling and administration expenses (4 marks) (iv) Contribution margin in in shillings (3 marks) (v) Break-even point in shillings