Question 2 (30 marks) A- Nour Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product which it sells at $86,35 per unit Die meile Direct box Manufacturing Me Fineling and where 12.50 $16 5121 550. HE 579700 $ 160 5512675 $190.005 Reguired: Using high-low method and CVP analysis 1. Compute Nour's breakeven point in units and dollars. Prove your answer 2. Compute how many units the company needs to sell to eam a profit of $ 600,000 3. Compute the selling price per unit of the company if BEP (units) is 40,000 units and the variable cost per unit and total fixed cost does not change. 4. Explain the various methods used to estimate the variable component and the fixed component of the mixed cost (Excluding Scattergraph method) and state which method is the most accurate? Why? (20 Marks) B- The AAA Company, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: SU s Sales Sding price per pair Visbeing experi Variable de pe pirofis Towing Toual fine deep Bedande Ending merchandise Merchandise $ 15 S100 $ 8.000 $ 65.000 5 115.000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit? 4. Which income statement format would be more useful in estimating how net operating income will change in responses to changes in unit sales? Why? (10 Marks)