QUESTION 3 3.1 REQUIRED Calculate the following from the information provided below: Break-even quantity The number of units that must be sold to achieve a profit of R200 000 INFORMATION The output of Project K is doors. The following information was extracted from the budget of Project K for the year ended 31 December 2020: Estimated sales for the financial year 4 000 units Selling price per door R500 Variable production costs per door: - Direct materials R130 - Direct labour R80 - Overheads R50 Fixed production overheads R350 000 Marketing and administrative costs: Fixed costs R150 000 Sales commission per unit R40 3.2 REQUIRED Use the information given below to calculate the following in respect of the project: Cost variance Cast variance % Schedule variance Schedule variance % INFORMATION The following information is available for a project undertaken by Intel Limited: Planned value R432 000 Earned value R540 000 Actual cost R600 000