2: (35 Marks) Two companies, Ghost and Phantom manufacture similar printer color cartridges. The following data for the two companies for the year 2020 are provided below: Sales revenue Total costs Ghost ($) 90,000 Phantom ($) 108,000 63,000 72,000 Variable Costs 40% of sales revenue 40% Required: 1- Calculate the Break Even Point (BEP) in dollars for each company. (8 Marks) 2- Calculate the percentage margin of safety for each company. (8 Marks) 3- If sales of the product in Ghost company are equal to 3,000 units, determine the BEP (in units), and present the Break-even chart. (8 marks) 4- In 2020, Phantom plans to increase the variable cost by $4 while the fixed cost and the selling price will remain constant. Calculate the number of units to be sold in order to earn the same profit as Ghost in 2020. (6 Marks) 5- Based on your answers to parts 1 and 2, Discuss which company has a safer financial position, and why. (5 Marks) PART B (35 Marks) Dell Corporation is one of the leading car manufacturers with its main rival being the IBM Company. It has been a very successful firm that has gained exceptional sales accomplishments because of its unique direct marketing model. One of the main reasons for this company's success is because it has transitioned into adopting the JIT manufacturing system, a system first pioneered by Toyota. Required: A. Clearly explain the concept of Just-in-Time (JIT) and briefly identify at least 4 problems such a sytem is designed to overcome. (10 Marks) B. In your opinion, what would be the requirements of a company like Dell to successfully implement the JIT system? (5 Marks) C. Identify and briefly discuss 5 advantages and 5 disadvantage of implementing such a system. (10 Marks) D. Analyze and briefly explain how the JIT has benefited Dell. (5 Marks) E. Explain how such a system can benefit and be applied to an ecommerce retail company