Oli Manufacturers Limited plans to produce a new product called Double P and the following information is available:

Expected sales for july 2020 = 10 000 units at R300 each

Expected variable cost for July 2020:

Direct Materials = R20 per unit

Direct Labour = R10 per unit

Selling Expenses = 10% of sales

Expected fixed costs for July 2020:

Factory expenses = R5,160

Administrative expenses = R15,000

Required:

1.1 Calculate the marginal income per unit (7)

1.2 Calculate the break-even quantity (6)

1.3 Calculate the break-even value (6)

1.4 Caculate the marginal income ratio (6)