Access limited is a manufacturing company based in Kitwe district, Copperbelt province. It

manufactures a product called "TUTU". Below is the data relating to TUTU:

The total fixed cost per period was K$60$ million. The company has budgeted to sell $12,000$

units of TUTU for the period.

Required:

a$.$ Calculate the Break Even Point $($B$.$E$.$P$)$ in units and in sales value $(4$ marks$)$

b$.$ Calculate the Margin of safety $($MOS$)$ in units and percentage $(2$ marks$)$

c$.$ Calculate the number of units to be produced if the company is targeting a profit of

K$1\mathrm{.}2$ million $(5$ marks$)$

d$.$ State four major limitations of Cost Volume Profit $($CVP$)$ Analysis $(5$ marks$)$