Problem : 2 SLO:2 The following information has been taken from the accounting records of Ahmed and Company in first and second period. Period 2019 2020 Sales $ 200,000 300,000 Profit $30,000 50,000 Calculate: 1) Profit volume ratio 2) Variable cost for two periods 3) Fixed cost for two periods 4) Break Even Point in dollars sales 5) Sales required to earn a profit of $50,000 6) Profit when sales are $300,000