1. High-Low Method. You are requested to help in the preparation of fixed budgets. The study made of the shipping expenses showed the following over a period of time, and there is no indication that past trends will change in the future Sales Volume Shipping Expense 10,300 P3,090 11,700 3,100 13,500 3,330 27,500 5,850 9,300 2,889 9,700 2,910 14,000 4 170 15,000 4,200 10,000 2,900 10.500 3.225 Required: (a) Variable cost per unit (b) The fixed cost portion (c) The total amount of shipping expense, assuming that the sales volume is 11,300. 2. Break-even Point and Other Information. Presented hereunder is the Statement of Comprehensive Income of DE Corporation for the year ended December 31, 2020. DE Corporation Statement of Comprehensive Income For the Year Ended December 31, 2020 Sales (20,000 units) P300,000 Less: Cost of Sales 180,000 Gross Income 120,000 Less: Selling and Administrative Exp. 80,000 Operating income 40,000 Other data: * 1/3 of the cost of sales is fixed 75% of the selling and administrative expenses is variable Required: Determine the following (a) Total fixed cost (b) Variable cost per unit (c) Variable cost ratio (d) Contribution margin per unit ) Contribution margin ratio (f) Break-even point in units (g) Break-even point in pesos