You have been employed as an assistant management accountant in an organization called GRAPAKD Ltd. where the management accountant does not have a shred of knowledge in management accounting but tor the fact that he is the only son of the owner of the business he has been appointed to man that position. Your boss, the management accountant is due for management meeting and the key agenda for discussion will centre on determining quantity levels of product Gozo" at which profit can be and at what total cost of production to the business. Knowing very well that you graduated from GCTU with a degree in BSc., he has asked developed a module showing the fixed cost, variable cost, total cost, total revenue, the breakeven value, profit and loss values to be presented at the management meeting for discussion, if fixed cost for the period at any activity level is GHC5,000, variable costs are GHc2 per unit, selling price is GHc3 per unit. Taking a projected production quantity deferential to be 1,000unitS.

You are required to:

a) Draft the above statement in a tabular form starting with a minimum activity level Zero units up to a maximum nine thousand units.

b) Briefly comment on the outcome of the figures determined.