Carrie Carrington has a business that makes customised mobile phone face-plates. For the next month she expects to make 1,000 units of the face-plates and has identified the following costs based on the estimated number of production: Direct materials Direct labour Rent Utilities 5,500 2,750 6,000 4,500 Rent and utilities are assumed to stay constant in the short run, meaning they do not vary with the level of production. The selling price of each face-plate is to be calculated as full cost plus 60% REQUIRED a) Calculate the break-even point in units to the nearest whole unit). Note: you may want to compute the product's variable cost and fixed cost first. (9 marks) b) Calculate the revenue at the break-even point. (3 marks) c) For some unknown reason Carric would like to make a profit of $35,001. Calculate the number of units that she would need to sell (to the nearest whole unit) to break even. (4 marks) d) Assume the situation in d) is independent of what happens in c) above. If fixed costs goes up by S61.275, what is the number of units that Carrie would need to sell to the nearest whole unit) in order to break even? (4 marks) (Hint: to attain the maximum mark for a) to d) above, please show all your workings including the relevant formulas in your computation) e) Discuss in what way break-even analysis may be useful to a company and its limitations Note: Marks will only be awarded if there is a reasonably cogent discussion. Only minimal marks will be awarded to answers that are presented in bullets, incoherent answers or answers that are hard to understand due to language issues. No marks or minimal marks will be awarded for direct copying and pasting and insufficient paraphrasing. Also see the rubric at the end of this document