Question 1 A company needs to know the expected amount of factory overheads cost it will incur in the following month. Factory total cost in the previous three months was as follows: Units Total Cost Jan 4,300$32,000 Feb 3,500 $30,000 Mar 4,000 $30,500 a. Determine the change in level of units produced. (2 marks) b. Determine the change in level of the total costs. (2 marks) c. Compute the variable cost per unit (b). (2 marks) d. Compute the total fixed cost (a). (2 marks) e. Calculate the expected factory overhead cost in April using the HighLow method. (4 marks) (Company expects to produce 9,500 units in April). (Marking Scheme: 1 mark for the correct answer and 1 mark for the solution for each. (6X2 Marks = 12 Marks) Question 2 ABC Company uses the cost formula Y=$6,000+ Bhd 0.68x for the maintenance cost in Department B, where x is machine-hours. The January budget is based on 28,000 hours of planned machine time. The Maintenance Manager presented the maintenance budget of Bhd 32,000. What is your opinion about the said budget? Is the budget correct or not? Marking Scheme: ( 2 marks for the correct answer and 3 marks for the solution = 5 Marks) Question 3 Compute the net operating income by using variable costing from the following information for product A401F of Ahmed Corporation. (8 Marks)