Question 1 John Led manufactures and sells a single product. The following information is available for 2020: Production and sales units 5,000 RM per unit 20 2 Selling price Direct material Direct labour Variable overhead Fixed overheads in total: Production Administration Selling RM 30,000 20,000 10,000 Required: Calculate the contribution / sales ratio, (b) Calculate the break-even point in units and in sales value Show in graphical method (c) Calculate the margin of safety in percentage of sales. (d) Calculate the sales value required to achieve a targeted profit of RM120,000, (c) Calculate the likely profit or loss, should the sales volume be 3000 units ( Assume in year 2021 that selling price will decrease by 10% and variable costs will increase by 10%. Calculate the revised break-even point in units and in sales value