calculate two questions and explain plz

Close Window Moving to another question will save this response. Question 8 10 points A now company has entered the technology market with the view of manufacturing fitness watches. It is cumently producing. on average, 7.308 watches per month despite having 58% additional capacity. Costs per watch are as follows: Direct Material: 10 Direct Labour: 5 Variable Factory Overhead: 2 . e Variable Selling Expense: 1.4 Fixed Factory Overhead: 4 Fixed Office Expense: 3 The company directly sells them into the retail market for 57. The company has received a special order contract of 5,000 watches at 20 per unit from a titness company. Being new in the market, despite the offer per unit being less than the overall production cost, the company accepts the special order. The customer has agreed to pay the variable selling expenses in addition to the price of the product. Calculate the overall profit or loss that can be attributed to this special order contract. (Profit: positive, loss: negative; to the nearest pound, omit the symbon. Question8 Moving to another question will save this response. Clos > Moving to another question will save this response. Question 7 The following costs have been estimated for a particular project: Materials 20,472 . Indirect materials costs 5,216 . Labour 25,348 . Indirect labour costs 30,449 . Direct machining costs 22,631 . Contribution to rent, insurance and rates 12,380 (a) Calculate the total direct cost associated with the project, to the nearest pound. No need for the & symbol) > Moving to another question will save this response