ASSIGNMENT: COST-VOLUME-PROFIT ANALYSIS DEADLINE: 7 JULY 2022. The purpose of this assignment is to introduce students to techniques of Cost-Volume-Profit (CVP) analysis. Your task is to answer questions for the following scenario. UUM will be having its convocation ceremony to award degrees to students in September 2022. In conjunction with the convocation ceremony, UUM will organize a convocation fair. It invites students to participate in the trade fair to sell products of their interests. UUM will provide booths with a rental fee of RM700 each. You are interested to participate in the trade fair, and are planning to rent one booth. Complete the following assignment. 1. Provide a brief discussion of a product that you plan to sell at the trade fair. Include in the discussion the sale price and the variable cost per unit of the product, and the target operating profit. 2. Provide analyses to compute break-even point in both units and sales (RM). 3. Provide analyses to compute break-even point for different scenarios (e.g., changes in rental fee, sale price per unit, variable cost per unit and target operating profit). Provide an analysis of expected operating profit at various sales levels. A Cost-Volume- Profit graph is helpful to provide the explanation. 4. 5. Based on the above analyses, discuss the viability of your plan to participate in the trade fair. ASSIGNMENT: COST-VOLUME-PROFIT ANALYSIS DEADLINE: 7 JULY 2022. The purpose of this assignment is to introduce students to techniques of Cost-Volume-Profit (CVP) analysis. Your task is to answer questions for the following scenario. UUM will be having its convocation ceremony to award degrees to students in September 2022. In conjunction with the convocation ceremony, UUM will organize a convocation fair. It invites students to participate in the trade fair to sell products of their interests. UUM will provide booths with a rental fee of RM700 each. You are interested to participate in the trade fair, and are planning to rent one booth. Complete the following assignment. 1. Provide a brief discussion of a product that you plan to sell at the trade fair. Include in the discussion the sale price and the variable cost per unit of the product, and the target operating profit. 2. Provide analyses to compute break-even point in both units and sales (RM). 3. Provide analyses to compute break-even point for different scenarios (e.g., changes in rental fee, sale price per unit, variable cost per unit and target operating profit). Provide an analysis of expected operating profit at various sales levels. A Cost-Volume- Profit graph is helpful to provide the explanation. 4. 5. Based on the above analyses, discuss the viability of your plan to participate in the trade fair