Duchess Meg Limited provides you with the following budgeted information:

Projected sales units $25000$ units @ R$50$ per unit

Variable cost per unit $$ R$24$

Fixed cost R$130000$

Additional Information:

$1.$ Assume that management wants to earn a target profit of R$650000.$

$2.$ Using the marginal costing income statement layout calculate Net Profit or Net Loss if the selling price increases by $10\%,$ resulting in a $5\%$ decrease in sales volume.

Required

Fill in the table.

NB$!$

Your answers must not have the Rand sign, $\%$ sign and do not use the word units.

Examples:$-$

$10000$ units must be written as $10000$

R$100000$ must be written as $10000$:

$10\%$ must be written as $10$

$1.$

Contribution margin

$2.$

Net Profit

$3.$

Contribution margin per unit

$4.$

Contribution margin ratio

$5.$

Breakeven quantity $($BEQ$)$

$6.$

Breakeven value $($BEV$)$

$7.$

Margin of safety as value

$8.$

Margin of safety in units

$9.$

Margin of safety ratio $(\%)$

$10.$

Target Profit $-$ Sales volume $($units$)$

$11.$

Target Profit $-$ Sales value

$12$

$$What if$$ Net profit$/$loss