QUESTION 1 (Time: 10 - 15 minutes) ABC Company sells 10,300 units at OMR 10 per unit. Variable costs are OMR 7.5 per unit, and total fixed costs are OMR 12,500. Requirements: Calculate the following using the CM method : (a) the contribution margin ratio (b) income from operations. (Rubric: 0.5 mark for the correct formula and the calculations and 0.5 for the correct answer. Totul 2 marks) QUESTION 4 (Time: 8-10 minutes) Use the following data to calculate the margin of safety : Sales Break-Even Sales 110,250 OMR 31,037 OMR Requirements: Calculate the following: (a) The company margin of safety ratio. (Rubric: 0.5 mark for the correct formula and the calculations and 0.5 for the correct answer. Total 2 marks)