On the below statement: (9 MARKS) A. Assume that the variable costs were not controlled and that the budgeted costs of sales for food and beverage increase to $600,000 (instead of the amount established in Question 4). Total sales are as budgeted (in Question 4). Calculate the profit for Barnaby's Hideaway. All other costs remain the same. B. Calculate the new variable rate and new contribution rate, assuming the same variable salaries and employee benefits. The fixed portion of of Salaries and Wages is 40%. C. Calculate the break-even point for Barnaby's Hideaway using the new contribution rate. D. Using the new contribution rate, calculate the sales level necessary for Barnaby's Hideaway to earn the budgeted profit of $166, 794.43 E. Assume that the new contribution margin falls to $12.60. Calculate the number of customers necessary to break even.New Budgeted Profit New Food & Beverage Cost $6,00,000.00 Old Food & Beverage Cost Reduction in Profit (1 MARK) Budgeted Profit $1.66.794.43 Reduction in Profit New Budgeted Profit (1 MARK) New Variable Rate Cost of Food and Beverage $6,00,000.00 Variable Labour Cost $2.47,441.58 Variable Employee Benefits $61.860.40 Total Variable Costs $9,09,301.98 New Variable Rate Sales Level Necessary to Earn a Profit of $166.794.43 VR= S S= EC+ P CR VR= SE $ VR= (1 MARK) S= New Contribution Rate CR = 1- VR S = (2 MARKS] CR = New Unit Sales to Break Even CR = (1 MARK) Su = EC Av CM per Unit New Break Even SUE BE = EC+B CR Su = (2 MARKS) BE = BE = $ (1 MARK)