Question 1 Hazel Limited operates a restaurant. The company sells a mini meal for $200. In 2019 Hazel Limited had the following experience: Sales (10,000 meals) Less variable costs Contribution Less fixed costs Profit before tax $ 2,000,000 1,400,000 600,000 540,000 60,000 Required: 1. Calculate the break-even point in units and dollars. 2. The company is located in Portmore, St. Catherine. Management expects a decline in sales for the year 2020, resulting from the global pandemic. By how much can sales decline (in units) in 2020 without the company making a loss. 3. Assume variable costs would decrease 10% per unit due to a change in the quality of the rice, and sales would decrease 5% in spite of increasing advertising costs of $16,000. Should Hazel Limited make the change in the rice used in the preparation of meals? 4. If the company hires a part time sales person and pays the person a fixed amount of $30,000, how much must sales increase in terms of dollars to maintain the company's current net profit before tax of $60,000?