Problem 2: M.K. Ltd. manufactures and sells a single product X whose selling price is 40 per unit and the variable cost is 16 per unit. () If the Fixed Costs for this year are 4,80,000 and the annual sales are at 60% margin of safety, calculate the rate of net return on sales, assuming an income tax level of 40% () For the next year, it is proposed to add another product line Y whose selling price would be 50 per unit and the variable cost' 10 per unit. The total fixed costs are estimated at 6,66,600. The sales mix of X: Y would be 7:3. At what level of sales next year, would M.K. Ltd. break even? Give separately for both X and Y the break even sales in rupee and quantities