(i) Prepare a Contribution Income Statement to show the contribution (per unit & total) and the total profit to be made during the year ended 31 December 2021.

(ii) Calculate the break-even point expressed in unit and amount of sales.

(iii) Calculate the margin of safety express in units and percentage.

(iv) Compute the sales units required to earn targeted profit of RM15,000.

(v) Calculate the new break-even point in units, amount in sales and total profit if new plan in note (4) is implemented.

Roy Chandler Sdn. Bhd. is a small manufacturing company currently making a single type of chair. The managing director presents to you the following details of estimated revenue and cost per unit for the year ended 31 December 2021: Quantity (Units 2,000 Number of Chairs made and sold Price per unit (RM) 100 Selling price Total variable cost per unit: Raw material Direct labour Manufacturing overheads Selling cost RM 15 16 11 8 The following information is taken into consideration: (1) Total manufacturing overheads cost estimated for the year amounting to RM110,000 of which 20% is variable manufacturing overhead cost. (2) The company's total selling costs for the year amounting to RM19,500 inclusive of fixed and variable costs. (3) All units produced can be sold as soon as they are made, and no stocks are kept (4) The directors have been considering their plan for the year ending 31 December 2021. The company intends to increase the sales by 30% if the fixed selling costs increase by RM14,964 and the direct labour cost per unit increase to RM18