Eastcoast Produce have prepared a budget for the current financial year. They are analysing their data to better understand their breakeven point. Item 5 5 Sales 250.000 Manufacturing expenses Variable 50.000 Fixed 30.000 Selling and administration expenses Variable 40.000 Fixed M 150 000 Net profit before tax 90.000 Less: Tax at 30% M Net profit after tax m Required a. Calculate the Breakeven point for Eastcoast Produce Ltd. b. What Sales are needed to make a pre-tax profit of 380.000? c. If a before tax return of 20% on sales is required, what sales are needed. d. Calculate the Sales needed to make an after tax profit of $210,000. e. Identify and explain the key principles of budget preparation