2. CoolRoom Limited manufactures a portable room cooler which is sold to retailers at a cost of 280 per cooler. The factory has been operating at 75% capacity for a number of years. The costs for this output level are as follows: 65 30 Direct Material per cooler Direct Labour per cooler Manufacturing overhead (per annum) Fixed Variable Selling and Distribution Overhead (per annum) Fixed Variable 80,000 40,000 21,000 20,000 Last year, because of the mild summer, the company only operated at 60% of its capacity. The sales revenue achieved last year was 224,000. Required: (a) Calculate the break-even point for the company in terms of (i) the number of coolers and (ii) total sales. (17 marks) b) Calculate the profit or loss reported at (i) 75% capacity output and (ii) 60% capacity output (8 marks) (Total: 25 marks)