Claudia is planning to finance her universitys fee by doing part-time job, selling some art products during a 5-day convocation festival. There is a fix cost of RM400 for producing art products, and the variable cost is RM3. There is also a booth rental fee that is paid to the university, which is at RM1000.

a. If Claudia was able to sell art product for RM5 each, how many she have to sell in order to break even?

b. Claudia read in the news that it will be raining during convocation festival and it may affect number of visitors to the festival. She believes that she will only able to sell 500 unit. If it was possible to raise the price and still sell 500 unit, what would the price have to be for Claudia to break even by selling 500?