2 You are required to do a monthly cost-volume-profit analysis of the products sold by your organization. One of these products is called "Get-It-Done". For November 2020, the company budgeted to produce 8,800 units of the product at a selling price of $800 each. The following cost information relating to the product was made available to you: Details Direct labour Direct materials Cost per unit 140 120 Variable production overheads 100 360 Fixed production overheads 160 Total 520 Required: (a) Determine the budgeted fixed cost associated with the production of "Get-It-Done" for November 2020. (2 marks) (b) Calculate the break-even point in units and sales revenue. (4 marks) (c) Express the break-even point as a percentage of the budgeted sales. (2 marks) (d) Determine the margin of safety and explain the result that you get. (3 marks) (e) Calculate the budgeted profit for November 2020. (3 marks) (f) If the company wanted to make a profit of $3,696,000 what would the new selling price be? (3 marks) (g) Prove your answer to part (f) above