Question 3 Topic: Cost Volume and Profit (CVP) analysis Optoverse Software is a leading Australian based virtual reality software manufacturer. It develops software packages for virtual reality experiences named VR1 and VR2. Optoverse is planning to release an upgraded version of their software soon. The following table shows the cost and the sales distribution of thesetwo software during a period: The fixed costs of Optoverse Software are $16,128,000. The planned sales mix forthe upgraded software in units is 62.5% VR 1 and 37.5% VR2 Required a) What is the current break-even point in units for Optoverse Software, assumingthe planned sales mix attained? b) Assuming the planned sales is mix attained, what will be the operating income when a sales mix of 48,000 units (VR1 and VR2) is achieved. c) If Optoverse Software wants to generate an operating income of 16,934,400 after-tax, calculate how many units of VR1 and VR2 has to be sold? Assumethat the planned sales mix attained, and the corporate tax rate is 30%