Answer within one hour.

Question 3: Streamline Ltd budgets to sell 5,000 units of its product each year at a price of $4.80 per unit. Until this year, the variable cost of sale per unit has been $2 and fixed costs had been $9,800 per year. With the introduction of new electronic equipment, however, variable costs have now been reduced to $1.20 per unit with an increase in fixed cost to $12,000. Draw breakeven chart showing the position before and after the introduction of new equipment, and state the budgeted annual Profits, Breakeven Points and Margins of Safety (20)