Brenny O'Sullivan manufactures a special new car product. The following is the budgeted Income Statement for the business for March 2021: E '5 Sales Revenue 96,000 Less: Costs Direct material 40,000 Direct labour 9,600 Production overhead 36,000 Selling overhead 5,600 91,200 Prot 4,300 The following information is also supplied: 1. The monthly budgeted production and sales is 40,000 units. 2. Fixed and variable costs can be broken down as follows: Variable Fixed Direct materials 100% m'a Labour 4,000 5,600 Production overhead 14,400 21,600 Selling overhead 100% nfa You are required to: (a) Calculate the following: (i) Contribution for the year; (ii) Contribution per unit; (iii) Contribution,If sales ratio; {iv} Breakeven sales volume; (v) Margin of safety %; lrvil Sales volume required to achieve a nrot of 14,400