QUESTION 3: [10 MARKS] HeroMike Bhd., manufactures, distributes, and supplies golf clubs to customers. The company's income statement based on a contribution margin approach for the most recent month is given below: Details Sales Variable expenses Contribution margin Fixed expenses Net Operating Income (NOI) Total (RM) Per unit (RM) Percent of Sales (%) 4,800,000 2,400 100 3,600,000 1,800 ? 1,200,000 600 2 948.000 250,000 You are required to: a) Compute the company's Contribution Margin ratio and variable expenses ratio. (2 marks) b) Calculate the break-even point in both units and sales dollars. Use a mathematical equation method. (4 marks) c) Assume that next month management wants the company to earn a profit of at least RM372,000. How many units will have to be sold to meet this target profit? (2 marks) d) Refer to the original data. Compute the company's margin of safety in both in RM and percentage form (2 marks)