Question no. 2:- (4 marks) Rashid Cellular sells phones and current year's total sales are $80,000. Total variable cost is $45,000. Fixed manufacturing costs total $10,000, while fixed selling and administrative costs total $3,000. Required: - a) What is the total contribution margin for the current year? (1 mark) b) Calculate breakeven point in sales amount? (1/2mark) c) If the manager requires total target operating income $35,000 for the next period, then calculate sales amount to achieve this target. (1/2 marks)