QUESTION 1 A company that produces a single product has reportedly produced and sold 18000 units and has provided you with the information presented in Table 1. Table 1: Company Information Cost (R) 42000 Total Direct material cost Total direct labor cost 128 000 Variable manufacturing overheads 22000 Fixed manufacturing overheads 55000 85000 Fixed administration cost Commission paid (10% of sales) 37500 Calculate the following: 1.1 Variable cost per unit (5) 1.2 Sales price per unit (3) 1.3 Contribution per unit (3) 1.4 Contribution ratio (2) 1.5 Breakeven point in units (4) 1.6 Breakeven point in value (2) 1.7 The margin of safety units (2) 1.8 The margin of safety value (3) 1.9 The margin of safety ratio (2) 1.10 The number of units the company must sell to make a profit of R270 000 (2) [30]