4. Tafach Candy Company is a wholesale distributor of candy. The company service grocery, convenience, and drug stores in a large metropolitan area. The company has achieved small but steady growth in sales over the past few years while candy prices have been increasing. Tafach Candy is formulating its plans for the coming fiscal year. Presented below are the data used to project the current year after tax income of Br. 110,400. Average selling price per box Average variable costs per box Cost of candy Selling expenses Total Annual fixed costs Selling Administrative Total Expense annual sales volume (390,000 boxes) Tax rate Br. 4,00 Br. 2.00 0.40 Br. 2,40 Br. 160,000 280,000 Br. 440,000 Br. 1,560,000 40% Manufacturers of candy have announced that they will increase price of their products on average of 15% in the coming year, owing to increases in raw material (sugar, cocoa, peanuts, etc.) and labor costs. Tafach Candy Company expects that all other costs will remain at the same rates or levels as in the current year. Instructions: a) What is Tafach Candy Companys BEP in boxes of candy for the current year? b) What selling price per box must Tafach Candy Company charge to cover the 15% increase in the cost of candy and still maintains the current contribution margin ratio? c) What volume of sales in birrs must the Tafach Candy Company achieve in the coming year to maintain the same net income after taxes as projected for the currant year if the selling price of candy remains at Br. 4.00 per box and the cost of candy increases15%? d) What strategies might Tafach Candy Company use to maintain the same net income after taxes as projected for the current year?