ABCX Chips Company provides chips to customers in southwestern cities of China. The company should pay fixed expenses amount to RMB 60,000 per month. The breakdown of the fixed costs is as following: Depreciation Employee training Fixed cost Research and development Property taxes Supervisor wages Other data follow: Planned Amount 12,000 8,000 33,000 2,000 5,000 Selling price Cost of snack Per unit (RMB) 1.70 0.95 0.75 Contribution margin The income tax rate of China is 25%.