Awakened Inc manufactures and sells a single product. Cost data for the product follow Variable Costs per unit: Direct Materials Direct Labor Variable Factory Overhead Variable selling and administrative Total Variable Costs per unit $10.00 5.00 4.00 3.00 22.00 Fixed Costs Per Month Fixed Manufacturing Overhead Fixed selling and administrative Total Fixed Cost per month 400,000 $200,000 $600,000 The product sells for $50 per unit. Th e company produce and sold 30,000 units REQUIRED: (i) Compute the break-even point in units (ii). Compute the break-even point in sales dollars (i) Compute the company's margin of safety in both dollar and percentage terms. What does this mean? (iv). Compute the degree of operating leverage. What does this number mean? (v). The manager believes that due to good economic conditions, if the selling price is reduced by 10% and fixed advertising increased by 20%, unit sales will increase by 50% in July. Should the manager proceed with this decision? Using the data in part (v) above, compute the new break-even point in units and in sales dollars if the proposed changes are made Using the new data in part (v) above, compute the new margin of safety in dollars and as a percentage (vi). (vii)