Case Study 5.1 - Multiple cash flow options, which is best 5.2 - Rebased budget & comparison are required. Due Date: week of 12 May 2020 This assessment was explained in class - the layout is your own design (but follows the template that meets the criteria to answer the question.) In answering the questions you must: Show the calculations (how you arrived at the answer) Set it out in table format(s) as per in class explanations o Hard Copy or soft Copy (excel) If excel, must have calculations in cells Identify which question you are answering by following assessment overview information 5.2 CRICKET BATS DIVISION Solomon Doostkhah, manager of the Cricket Bats Division of the Mideast Manufacturing Company, is furious that the accountant's report showed a divisional profit for the past week of $2150, because this is not consistent with the expected profit for the number of bats manufactured. The profit expected was: Number of bats to be made Transfer price at which the division sold the bats to the stores Cost: Material Labour Overhead (all fixed) Profit 300 $19 500 $8500 $3 500 $5 000 $2 500 The number of bats actually made for the week was 330, so Solomon expected to make a profit of $2750. However, the profit shown was: Number of bats made Transfer price Cost: Material Labour Overhead (all fixed) Profit 330 $21 450 $9 500 $3700 $6 100 $2 150 . Solomon storms into the office of Lindy Andanson, the accountant, seeking an explanation. Help Lindy prepare a report for Solomon, explaining why the actual profit was lower than the expected profit