Loud&Clear Pty Ltd manufacture and sells portable speaker. Price and cost data are as follows: Selling Price per unit 119 25 Variable cost per unit Direct Raw Materials Direct Labour Manufacturing overhead Selling costs 15 6 5 Annual Fixed Costs: Manufacturing overhead Selling and administrative 450,000 75,000 Forecast annual sales (8,500 units) Required: 1. Calculate total variable cost per unit (Show your calculation) (2 marks) 2. Calculate total fixed cost per unit (show your calculations). (2 marks) 3. Calculate the contribution margin per unit (show your calculations). (2 marks) 4. Calculate the break even point in units (show your calculations) (2 marks) 5. Calculate the break even point in Dollars (show your calculations) (2 marks) 6. Calculate the safety margin in Dollars (show your calculations) (4 marks) 7. Calculate the unit sales needed to achieve a target profit of $250,000 (4 marks) 8. Calculate the unit sales needed to achieve a target profit of $150,000, it the cost of direct material decrease by $5 (4 marks)