(Solved): Question 13 A. Flash Lid manufacture cameras. One of its cameras is called the AF2000. For the mont ...

Question 13 A. Flash Lid manufacture cameras. One of its cameras is called the AF2000. For the month of June Flash Ltd plamed to produce and sell 900 AF2000 cameras. Each camera solis for \( \mathrm{E} 400 \). Costs per unit are shown below. Fxed overheads for the month of June are planned at \( \$ 36,000 \). Units produced are used as the absorpson basis. REQURRED: a) Calculate the planned total contribution under varable costing (2 marks) b) Calculate the planned aross profit per unit under absorption costina (2 marks) c) Calculate the plarned Break Even Point in units (2 marks) d) Calculate the planned Break Even Revenue (2 marks) e) Calculate the planned Margin of Safety in units (2 marks) f) Re-calculate the planned Margin of Seluty in units if the planned Ficod Coets increased to \( 550.000 . \) (3 marks) B. The standard usage for one of the matoriaks used for AF2000, Material X, is 12 \( \mathrm{Kg} \) at \( £ 30 \mathrm{per} \mathrm{Kg} \). The standard labour time for one carrera is 3 hours at \( £ 25 \) per houx. In the month of Jly, Flash LIS actualy proouced and soid 1,000 AF2000 camaras. 1,300 Kg of Material X was usod at a cost of E32,500, 3,500 labour hours were wonkd it an actual coet of E122,500. a) Calculate Be Material Price varlance for the morth of Juy (3 marks) h) Calavale the Matorial Ulage variance for the moreh of Jly (3 manks) Page 11 of 12 (3 manka) (3 marks)