ABC Company is a manufacturer of widgets. The company has provided the following financial information for the year

$2023$:

Selling Price per Widget R$10$

Direct Materials per Widget R$1\mathrm{.}50$

Direct Labour per Widget R$1\mathrm{.}80$

Variable overheads per Widget R$0\mathrm{.}70$

Fixed cost R$20000$

Expected sales for $202310000$ widgets

Required:

Calculate the following breakeven and profit$-$related metrics, providing both the formula and the calculation:

$1\mathrm{.}1$ Breakeven Quantity $($in units$).(4$ Marks$)$

$1\mathrm{.}2$ Breakeven Value $($in rands$).(4$ Marks$)$

$1\mathrm{.}3$ Margin of Safety $($in rands and percentage$).(8$ Marks$)$

$1\mathrm{.}4$ Number of Sales Units Required to Achieve a Profit of R$15,000.(5$ Marks$)$

$1\mathrm{.}5$ Calculate the new breakeven quantity if the selling price increases to R$12$ while other factors remain the

same.