QUESTION 2 Fitzgerid kimited produces and sello a single product. Budgeted results for that product, for the year ended 31 December 2012, are shown belsus: Budgeted sales 10,000 units f f 2,000,000 800,000 Sales Direct Materials Direct Labour Fixed overheads Total Costs Total profit 400, ooo 50,000 1 700.20 300,00 Required: a) Produce a profit statement for the year endring 31 December 2012, assumving actual sales are 12,000 Eunits. b) Calculate the break-even point for the year ending 31 December 2012 and the margin of safety expressed as a percentage of the Original budgeted sales C) Calculate the revised break even point if a new wage g settlement mcreases direef labour costs by 20 % d) Assuming Sales + 10,000 mits are achieved and tue new uage selitement is never agreed, Calculated the selling Price per unit that would earn a total profit of 500,000. e) Discuss the hnitutions of breakeveu analysis