Question Four Rovin runs a small business to manufacture and sell all purpose cleaning liquid called MaxClean. He imports 2 chemicals and mixes it in the following ratio: For 1 Litre of Cleaning liquid (MaxClean): 500 ml of chemical C1 500 ml of chemical C2 Chemical prices are as follows: Chemical C1 $1 per litre Chemical C2 $3 per litre Rovin has one employee to produce the cleaning liquid who is paid $3,000 per month. His shop rent is $1,500 per month and the distribution costs amounts to $2,500. Further he pays $2,000 per month as other administration costs. Selling price of MaxClean is $17. Rovin expects to sell 1,300 units in the next month. Required: Calculate the following: (a) Calculate the numbers of units and sales revenue required to cover the total cost of the company. [4 marks) (b) Calculate the margin of safety in units, value ($) and as a percentage of the budgeted sales units. [3 marks] (c) Calculate the expected profit earned by Rovin for the next month and the number of units required to earn a target profit of $15,000. [3 marks] (d) Draw a basic break even chart [3 marks] (e) If the government impose a tax of $5 per unit for cleaning liquid, explain the effect on the Rovin's business [4 marks] (1) Explain TRHEE assumptions used in break even analysislf the government impose a tax of $5 per unit for cleaning liquid, explain the effect on the Rovin's business [3 marks]