28 29 30 24 47 25 48 31 26 49 33 27 50 32 34 35 36 37 38 39 40 41 42 43 44 45 46 Question 12 2 points Gordon Grace & Co Limited manufactures high specification lawn mowers. In the current 20X4 financial year the selling price of a mower is 550 Variable labour costs are 86 and variable materials costs are 103 por unit. Fixed costs in 20x4 totalled 75,300 The directors are currently working on the budget for the 20x5 financial year. Variable labour costs are expected to rise by 5 per cent and because of the rapidly increasing cost of aluminium materials costs are likely to increase by 10 per cent Selling prices, because of competition can rise by only 3 per cent. The company will control fixed costs carefully and an increase of only 2,000 is anticipated. How many mowers will the company budget to sell in 20X5 in order to maintain its present net profit level of 50,000 (to nearest whole unity? Select the correct answer from the options below. 351 .225 138 O 213 o T 18C 10:55