Organisation: Metaverse Software Ltd Industry type: Service Topic Area: Cost Volume and Profit Analysis Metaverse Software is a leading Australian based virtual reality software manufacturer. It develops software packages for virtual reality experiences named VR1 and VR2. Metaverse is planning to release an upgraded version of their software soon. The following table shows the cost and the sales distribution of these two software during a period: VR1 $1200 VR2 $1520 Selling price (per unit) Variable costs (per unit) Manufacturing Marketing $500 $100 $610 $118 The fixed costs of Metaverse Software are $16,128,000. The planned sales mix for the upgraded software in units is 62.5%VR1 and 37.5% VR2 Manager's comments and questions to you: a) What is the current break-even point in units for Metaverse Software, assuming the planned sales mix attained? b) Assuming the planned sales is mix attained, what will be the operating income when a sales mix of 48,000 units (VR1 and VR2) is achieved. c) If Metaverse Software wants to generate an operating income of 16,934,400 after- tax, calculate how many units of VR1 and VR2 has to be sold? Assume that the planned sales mix attained, and the corporate tax rate is 30%