Q1. (10 marks) For the current year, Bose Inc, had sales of 45,000 units and production of 55,000 units. Other information for the year included Direct manufacturing labour$169,500 Variable manufacturing overhead73,000 Direct materials62,000 Variable selling expenses20,000 Fixed administrative expenses 225,000 Foxed manufacturing overhead 125,000 There was no beginning inventory Required: a Compute the ending finished goods inventory under both absorption and variable costing. b. Compute the cost of goods sold under both absorption and variable costing. I Q3. [20 marks) Elesko Lonsdale Inc. replaced the convection oven just six months ago. Today, Commercial Ovens Manufacturing announced the availability of a new convection oven that cooks more quickly with lower operating expenses. The company is considering the purchase of this faster, lower-operating cost convection oven to replace the existing one they recently purchased. Selected information about the two owens is given below: ExistingNew Oven Original cost 0,000565.000 Amated depreciation 1,500- Current avage value $57.000- Berglide yan years Annual operating expenses $11,000$9,500 Depoca valoin years5050 Red What costs are sunk? What we the net cash flows over the next 5 years assuming the bakery purchases the new convection What the thems should the company consider when making this decision? Answer: Q4. (20 marks - Page Break