Question 2 (20 marks) Williams Ltd. manufactures and sells a single product. The selling price is R18 . The following information relates to its yearly production and cost data. (Assume that there is no change to the stock level of the company.) Unit Total Year Volume Cost (R) 300,000 4,000,000 16 150,000 2,800,000 420,000 6,600,000 OUT A W N- 280,000 3,900,000 230,000 3,200,000 120,000 2, 100,000 Required: 2.1 Based on the above cost and volume data, use the High-Low method to identify variable cost per unit and annual fixed costs for the company. (5) 2.2 On the basis of your answers in part (1) above, calculate the breakeven point of the 17 company in both units and sales revenue