just solve the 1st given picture

1 Question 2 (56 Marks) 2 Toronto Ltd. manufactures picture frames. Sales for December are expected to be 20,000 units of various sizes. Historically, the average 3 frame requires four metres of framing, one square metre of glass, and two square metres of backing, Beginning inventory includes 1,500 metre 4 of framing, 500 square metres of glass, and 500 square metres of backing. Current prices are $0.30 per metre of framing, $6.00 per square metre of 5 glass, and $2.25 per square metre of backing. Ending inventory should be 200% of beginning inventory, Purchases are paid for in the month 6 acquired. 7 8 Required: 9 1. Determine the quantity of framing glass, and backing that is to be purchased during December 10 11 12 Inventory Framing Glass Backing 13 Beginning 14 Ending 15 16 20,000 units 17 18 Total needs 19 Less: Beginning inventory 20 21 Purchases planned 22 23 24 2. Determine the total costs of direct materials for December purchases 25 26 Framing Glass Backing 27 Unit Price of Raw Material 28 29 Subtotal cost of Raw Material 30 31 Total 32 33 24 tinn? sh styles Ideas C29 H B F G Question 1 (24 Marks): Below are the processing costs of Duraseal Products observed over the last 10 months: Use the high low method to determine the variable cost per unit and fixed cost per month. Express your results in the form of a linear equation y = a + bx Month Units Produced 9,900 9,200 7,600 Processing Cost 74,000 66,000 61,000 64,000 65,000 60,000 68,000 8.800 9,000 6,000 9,300 We assume the linear relation is Y=a + bx High-Low method Units Produced Processing Cost High point Low point 9,900 6,000 74.000 60 000 Round to two decimal places b Slope 4 Intercept: 38.55 9600 Assume the units level in August is 9600. 8 The process cost will be Y Round to two decimal places 72.926.0 Question2 Sheet AB