CF' Grove Manufacturing plans to produce 30,000 units of Product X. The selling price per unit is $70 The following are the cost related to producing the units: Direct lvlaterials 3 lbs. @ $4.50 per |b. Direct Labour 2 hours @ 150 per hour Variable Overhead $1.50 per Unit Produced Fixed Costs $120,000 You are required to: I r [Emerita] {b} Calculate the contribution margin per unit if the cost of one unit is $34 {c} Calculate the breakeven point in {i} units sold and {ii} Sales Revenue {d} At what sales level will the companyr achieve a profit of $1?,500? Academix is considering the purchase of specialized lab equipment costing $180,000 on January 1, 2010. The lab equipment has a useful life of 5 years with no residual value. Management anticipates a 5% return on all investments (discount rate) The future cash ows anticipated at the end of each year follows: December 31, 2019 $95,000 - December 31, 2020 $65,000 December 31, 2021 $35,000 December 31, 2022 $15,000 Present Value Interest Factor Table: Perle-d Interest Rates mmm _M _2 of!\" 0.325 u. so? Ego cars 3 0.915 uses 0.354 0.3441 dens 0.355 11323 was 0.363 0.322 cm 0213 n 0.33? am M45 You are required to: (3) Compute net present value (NPV) of this investment [ 10 project. marks] (b) Calculate the discounted payback period {:3} Should the equipment he purchased according to NPv analysis? You are required to: (a) Compute net present value (N PV) of this investment [10 project. marks] (b) Calculate the discounted payback period (c) Should the equipment be purchased according to NF'vr analysis? The sales, purchases and operating expenses projected for the months January through March are represented below; Jan Feb Mar Sales $25 .000 $404309 $45, 00D Purchases $11Ir .000 $25.00) 52?. 000 Operating Expenses $6.00 51-100 $7.500 All sales are final. 80% of sales are received in the month of sale with the balance collected one month after sale. - All purchases are made on credit with a 30-day payment term. ' Operating expenses are paid immediately in the month incurred. Required: a. Prepare a schedule for cash receipts and [11' disbursements for February and March marks] b. What is the value of debtors and creditors at the end of March? c. List one benefit and one limitation of budgeting