ABC Company manufactures and sells 80 units of product Milk chocolate at Rs. 150 per unit. Following costs are incurred to manufacture the product. Particulars Rs (per unit) Direct material 20 Direct labor 15 Variable factory overhead 25 Requirement: 1. Calculate the contribution margin per unit. 2. Calculate breakeven sales in terms of units. 3. Prepare an income statement by considering the new effects i.e., decrease in sales price by 10% and increase in sales volume by 5%. Fixed costs of Rs. 3,060 incurred on this operation.