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Section A (710-70 Marks) PROBLEMS: Please select 7 out of 8 problems below. You need to demonstrate how you arrive at answers and interpret the answers. Kramer Groceries has estimated that fixed costs per month are $200,000 and the variable cost per dollar of sales is $0.80. Required: a) What is the break-even point per month in sales? b) What level of sales is needed for a monthly profit of $60,000? e) For the month of April, the company anticipates the sale of 1,400,000. What is the 1. expected level of profit? 2. Xenoc, Inc. produces stereo speakers. The selling price per pair of speakers is $800. The variable cost of production is $300 and the fixed cost per month is $50,000. For November, the company expects to sell 120 pair of speakers. Required: a) Calculate expected profit. b) Calculate the margin of safety in dollars. JGU Pie Ltd. is in process of preparing a production budget for May. Actual costs in April were: Page 1 e-sit Examination-Spring Semester, May-June 2018), JGBS