(b) Taranagar Company is the exclusive distributor for an automotive product that sells for $ 50,000 per unit and has a variable cost ratio of 60%. The company's fixed expenses are $ 600,000 per month.

Required:

(i) What is the annual break-even point in units and sales value?

(ii) What sales level in units and in sales value is required to earn an annual profit of $ 2,000,000?

(iii) Assume that currently, the company is able to sell 400 units annually. What is the margin of safety in both sales value and percentage form?