4. MyToys plc manufactures soft toys for the European market. The costs incurred by the firm are as follows: $ Materials (per toy) 5 Wages (per toy) 4 Packaging (per toy) 3 Rent of premises 5,000 Machinery hire 3,000 Marketing and administration 1,000 The soft toys sell for an average price of $16. Current capacity of MyToys plc is 3000 toys per year. i. Calculate the following: a. Break-even in units of output (4 Marks) b. Break-even level of sales revenue (4 Marks) ii. Construct a break-even chart. Fully Label the graph. (6 Marks ) iii. Calculate margin of safety. (3 Marks) iv. How much should the business sell to earn a profit of $500