1.4. A company manufactures a single product which it sells for K20 per unit. The product has a contribution to sales ratio of 40%. The company's weekly break- even point is sales revenue of K18,000. What would be the profit in a week when 1,200 units are sold? (Show your Working) [2 marks] 1.5. An organisation operates a piecework system of remuneration, but also guarantees its employees 80% of a time-based rate of pay which is based on K20 per hour for an eight-hour working day. Three minutes is the standard time allowed per unit of output. Piecework is paid at the rate of K18 per standard hour. If an employee produces 200 units in eight hours on a particular day, what is the employee's gross pay for that day? (Show your Working) [2 marks]