The costs of a manufacturing company occurred in September are as follows: Nature of Costso Fixed Costa Variable Costa Raw Material and Other Supplies 11 400.000 Cost 300.0001 Direct Material Cost 100.000p Indirect Material Cost a Labor Cost 11 500.000 Direct Labor Cost 100.0001 300.000 Indirect Labor Cost a 50.000a 50.000p Utility Costo 125.000 145.000 Depreciation Cost o 155.000 ED- The annual normal production capacity is 600.000 ton. Company manufactured and finished 4.000 ton in September. The cost of beginning finished goods is TL 345.000 (1.000 ton x 345 TL). Company evaluates inventories according to FIFO. Company sold 4.000 ton finished goods with TL 500 unit selling price. 1 Required: 1 1.-Ascertain the production cost on the base of full, normal and variable. costing methods. Present the production cost in financial statements (both in income Statement and Balance Sheet). 1 2.-Company received an order including 1.000 units and 262 TL unit selling. price. Evaluate to accept or reject the order. 3. Assume that company-sold all produced units (no ending finished goods). Calculate the operating profit considering each behavioral base costing methods. 1 4.-Compare required 1 and 3 considering reported items in Income Statement and Balance Sheet and explain the difference.1 E