Question 4 Sports Ltd. is manufacturing and selling Cricket bats with the company's Logo on it. In the year 2020 company has earned a profit of OMR 50,000. The selling price was OMR 12 and Variable cost was OMR 6.75 per bat. The company needed to sell 20,000 bats to break even. The General manager of a company has the following expectations for the year 2021: 1. Selling price per bat will be increased by OMR 3.5 2. Variable cost will reduce by 10% 3. Fixed cost will increase by 14% 4. Budgeted sales are 18000 Bats. Required: a) Calculate BEP (units) for 2021. How much is the difference in breakeven units in 2020 and 2021? Evaluate both the years. (Round off your calculation to complete unit) b) The Target profit for the upcoming year (2021) is OMR 55,000, how many T shirts Company should sell to earn the target profit? (rounded to full units). c) Calculate Margin of Safety in percentage for the year 2021 and evaluate