A business student who recently completed Business Decision Making has decided to set up a food cart opposite your Lucro Island hotel selling artisan ice creams in 500g tubs to hotel guests.

They have provided you with the following estimates for the next quarter:

Expected Sales (units)	30,000
Selling price per unit	$35
Variable cost per unit	$10
Total fixed costs	$350,000

REQUIRED:

a) Calculate the breakeven point in units and sales dollars. Show your workings. 

b) Calculate the margin of safety in sales dollars. Show your workings. 

Submit your answer in text form below.