The following Information applies to the questions displayed below.j Cane Company manufactures two products called Alpha and Beta that sell for $185 and $120, respectively Each product uses only one type of raw material that costs $5 per pound. The company has the capacity to annually produce 112,000 units of each product. Its unit costs for each product at this level of activity are given below Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Varlable selling expenses Common fixed expenses Alpha Beta $30 $10 29 13 26 16 18 20 24 20 23 Total cost per unit $139$112 The company considers its traceable fixed manufacturing overhead to be avoldable, whereas its common fixed expenses are deemed unavoidable and have been allocated to products based on sales dollars Required: 1. What is the total amount of traceable fixed manufacturing overhead for the Alpha product line and for the Beta product line? 2. What is the company's total amount of common fixed expenses? 3. Assume that Cane expects to produce and sell 88,000 Alphas during the current year. One of Cane's sales representatives has found a new customer that is willing to buy 18,000 additional Alphas for a price of $112 per unit. If Cane accepts the customer's offer, how much will its profits increase or decrease? 4. Assume that Cane expects to produce and sell 98,000 Betas during the current year. One of Cane's sales representatives has found a new customer that is willing to buy 4,000 additional Betas for a price of $47 per unit. If Cane accepts the customer's offer, how much will its profits increase or decrease? 5. Assume that Cane expects to produce and sell 103,000 Alphas during the current year. One of Cane's sales representatives has found a new customer that is willing to buy 18,000 additional Alphas for a price of $112 per unit. If Cane accepts the customer's offer, it will decrease Alpha sales to regular customers by 9,000 units a. Calculate the incremental net operating income if the order is accepted? (Loss amount should be indicated with a minus sign.) product line, how much will profits increase or decrease? product line, how much will profits increase or decrease? 6. Assume that Cane normally produces and sells 98,000 Betas per year. If Cane discontinues the Beta 7. Assume that Cane normally produces and sells 48,000 Betas per year. If Cane discontinues the Beta