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REQUIRED Use the information provided below to calculate the following independently: INFORMATION Caprice Limited plans to start Project Midas and the following are the forecasts

REQUIRED Use the information provided below to calculate the following independently:

INFORMATION Caprice Limited plans to start Project Midas and the following are the forecasts for 2024:

-Sales 50 000 units at R60 per unit

-Direct materials cost per unit R16

-Direct labour cost per unit R14

-Variable selling costs per unit 10% of the sales price

-Manufacturing overhead costs (all fixed) R400 000

-Fixed selling and administrative costs R560 000

2.1 Total Marginal Income and Net Profit/Loss (4 marks)

2.2 Break-even value (4 marks)

2.3 Selling price per unit that will enable the project to break even (4 marks)

2.4 Total Marginal Income and Net Profit/Loss if the variable manufacturing costs increase by 5% (4 marks)

2.5 Break-even quantity if the selling price drops by 10%. (4 marks)

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