Quincy Manufacturing has collected the following information for the year ended 31 December 2022. Sales revenue (38,000 units) Direct materials Direct labour Manufacturing overhead Selling expenses RM3,800,000 1,064,000 494,000 760,000 456,000 55% of the manufacturing overhead costs are variable, while two-third (2/3) of the selling expenses are variable. (e) (f) Did the company achieve their break-even in 2022? Why? (1 mark) The company targets to increase their net income by 30% next year. Calculate the target net income. (2 marks) (g) Referring to (f), compute the units required to achieve the company's target net income. (2 marks) (3 marks) (h) Compute the margin of safety and margin of safety ratio.