Management accounting Answer any three (3) questions from this section.Question 1a. Kingston Baker’s Ltd. most recent monthly contribution format income statement is given below:Sales ………………. $60,000Less variable expenses .. 45,000Contribution margin ….. 15,000Less fixed expenses ….. 18,000Net loss ……………. ($ 3,000)The company sells its only product for $10 per unit. There were no beginning or […]