1.0 Doire produces a single product. The company's profit and loss account for the year is provided below. This is based on sales of 14,000. Production equalled sales in the period. The direct material, direct labour and a third of the factory overheads are variable costs. 63,000 of the administration expenses are fixed. Required: (a) Calculate the break-even point in units (to the nearest whole unit) and revenue. (14 Marks) (b) Calculate the margin of safety. (5.33 Marks) (c) Calculate the profit the company would make if it reduced the selling price by 5%, increased the advertising by 10,000 and increased sales to 20,000 units with all other cost levels unchanged. (14 Marks) [TOTAL 33.33 marks]