Question 1: (26 marks)Dundar Mifflin manufactures and sells three products: X, Y, and Z. Annual fixed costs are $515,250 and data about the three products follow for 2017.XYYSales$150,000$480,000$790,000Variable cost 80,000 175,000290,000Required:1)     Determine the breakeven point2)     The management expects sales to increase by 9% in 2018. What is the expected operating income in 2018?Question 2: (24 marks)Dundar Mifflin makes electronic product for the RCMP. The following data is for the first six months:Direct Labor HoursManufacturing OverheadJanuary45,000$295,000February60,000$320,000March57,000$323,000April52,000$247,250May34,000$178,200June25,000$162,500Required:1)     Use the high-low method to estimate the cost formula2)     Estimate the total overhead cost at an activity level of 48,000 machine hours, using the separate estimates you obtained for its components.Question 3: (30 marks)Costco has recently started to take the customer orders over the web site.  Following is the past data for first six month:MonthCustomer Web site costsNumber of Web site hitsJanuary$8,96011,600February$8,76211,270March$9,03211,720April$8,94211,570May$8,42010,700June$8,49210,820Required:1)     Using the high-low method, estimate the variable cost per Web site hit and the monthly fixed costs.2)     Determine the cost equation to estimate the customer Web site expenses for Costco Online.3)     If Costco expects 9,500 Web site hits for July, what are their anticipated costs for July?Question 4: (20 marks)Gandalf and Company makes table tennis equipment for the retailers around the world.  Below is listed a number of activities and cost at Gandalf Corporation. Please list the activities as one of the following: fixed, mixed, contribution, cost behavior, variable, curvilinear, account analysis, regression analysis.1Changes in cost, but not in direct proportion to changes in volume2Costs that do not change while changes in volume3Sales – Variable Expense4Cost changes as volume changes5Cost that changes while changes in volume6Cost behavior is not linear7Equation which expresses how a cost behaves8Procedure that uses all the historical data points9Utility charges per kilowatt plus monthly fee10Monthly rent charges