Q. B4 Two firms, X Ltd. And Y. Ltd. sell identical products in the same market. Their budgeted profit and loss accounts for the year ending 31* March 2022 are as follows: X Ltd Y Ltd Sales 4,00,000 4,00.000 Variable Costs 3,20,000 2.80.000 Fixed Costs 40,000 80,000 Total Costs 3,60,000 3.60,000 Net Profit 40,000 40,000 You are required to: a) Calculate the break-even point for each firm and b) State what shall be the likely effect on the profits of the firms in case 1 Increasing demand for the products (11) Falling demand for the products c) Calculate the sales volume at which each firm will make a profit of Rs.50,000. (Marks:10)