Please answer ASAP

/ QUESTION 3 (30 MARKS) fal:"r:egm Manufacturing Company manufacture and sell sun glasses. The business s Operating Income of $220,000 in 2017, when sales was 6,000 units and dat@ for cost per unit and total fixed costs were as follows: Variable expenses per unit:Direct Material r_ _ Variable Manufacturing Overhead : Fixed Manufacturing Overhead $190,000 Fixed Selling Costs Required: @) What was the selling price per unit in 2017? use the equation method.(4 marks) () Given the sales of 6,000 units, prepare a contribution margin income statement for the year ended December 31, 2017, detailing the components of total fixed costs and clearly showing contribution and net income. (4 marks) (c) Calculate Sun Pro's break-even point in units and in sales dollars. (2 marks) (d) Calculate the margin of safety in units and in sales dollars. (3 marks) (e) The management of Sun Pro Manufacturing Company is desirous of increasing operating income by 20% in 2018. They expect per unit data and total fixed costs to remain the same in 2018. Determine the number of units that must be sold to earn this target operating profit. Is this a realistic goal? (4 marks) (f) Assume that as a result of reorganizing the production process, Sun Pro Manufacturing Company was able to reduce direct material cost per unit by $5 due to a change in the quality of raw material used in the production process but the expected sales units of 6,000 units would decrease by 5% and total fixed costs is expected to increase by $94,000. What must the new selling price per unit be if the company wishes to meet the target operating profit for 2018? (6 marks) (g) Given the expected sales of 6,000 units, graph Sun Pro's CVP relationships clearly showing the breakeven point, the sales revenue line, the fixed cost line, the total cost line, the operating profit area, the operating loss area and the margin of safety in units and sales dollars. [Use a scale of 2 cm to represent 1,000 units on the x-axis and 2cm to represent $200,000 on the y-axis]. (7 marks)