XYZ Company produces and sell school Chairs. The number of chairs sold is 2000 units, the selling price of the chair is RM 60

The cost of manufacturing one unit is as follows:

RM 28 as Variable cost per chair

The fixed costs are as follows:

manufacturing costs RM 12,000 / selling costs RM 10,000 / administrative costs RM 18,000

XYZ Company has received a special order of 200 chairs from local school ordered at RM 35

XYZ Company has the factory space and machinery available to produce more chairs

Required:

Calculate total variable cost for producing 2000 chairs?

Calculate total fixed cost for producing 2000 chairs?

Calculate total revenue and net income selling 2000 chairs?

Calculate total variable cost for producing the special order?

Should XYZ Company accept the special order?