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a) MENG3000 (2021) Ltd.'s relevant range is between 8,000 and 16,000 units. If 10,000 units are produced, variable costs are $200,000 and fixed costs are $ 450,000. Assuming production increases to 15,000 units, compute (i) total variable costs, (ii) variable cost per unit and (iii) fixed cost per unit 12 marks] b) The following information pertains to MENG 3000 Ltd.'s operations for January of 2021. Inventories Beginning $ Ending S Direct materials 18,000 15,000 Work In Progress (WIP) 9,000 6,000 Finished goods 27,000 36,000 Additional cost information for January: direct materials purchased $ 42,000, direct manufacturing labour $ 30,000, manufacturing overhead $ 40,000. Compute cost of goods manufactured in January. 13 marks