i.Standard hardware is a private company trading building hardware in Johannesburg, South Africa. You are given the following data by the company as you are an accounting freelancer.

Fixed cost $4500

Variable cost $7500

Total sales $ 15,000

Output and sold 1500 units.

You are asked to calculate the following.

a. P.V ratio

b. Break-even point (in units)

c. Break-even sales (in $)

d. Profit

e. Margin of safety

f. volume of sales to earn profit of $6000

ii. Discuss any five functional budgets.