Question 2 (35 marks): Th e two companies ABC and XYZ, that manufacture product P provided the following data for the year 2015: Values in $ Total costs Company ABCCompany XYZ 26,000 20,000 20% 26,000 20,000 30 % 1% Fixed costs | Required: Calculate the Break Even Point (BEP) (in revenues) of product P for each company.(20 marks) 1- 2- Calculate the percentage margin of safety for each company(8 marks). 3 Based on your answers to parts 1 and 2 above, which company has a safer financial position, and why?(7 marks) B292-MTA-VA