A company manufactures widgets for the local market.

The following information relates to the widget:

Fixed Factory overheads $60000

Fixed selling costs $12000

Variable production costs per unit $12

Variable selling costs per unit $3

Selling price per unit $24

Required

1. Calculate the Break-Even Point
2. Calculate the Break-Even Point in sales value
3. If the company aims to make profits of $90000, calculate the number of units to be sold to achieve the target.

All workings must be clearly shown

[1+1+ 1 = 3 marks]