Rosen Pty bottles and distributes No-FIZZ, a fruit drink. The beverage is sold for $1 per 250ml bottle to retailer, who charge customers $1.40 per bottle. For the year 2019, management estimates the following income and costs. Net sales Direct materials Direct labour Manufacturing overhead-variable Manufacturing overhead-fixed Selling expenses-variable Selling expenses-fixed Administrative expense-variable Administrative expense-fixed $4,000,000 720,000 1,340,000 540,000 440,000 $200,000 300,000 80,000 100,000 Required: (a) Prepare a contribution margin statement for 2019 based on managements estimates. (10 marks) (b) Calculate the break-even point in (i) units and (ii) dollars. (4 marks) (c) Determine the sales dollars required to earn net profit of $392,000. (2 marks) (d) Break-even analysis is of limited use to management because a company cannot survive by just breaking even. Do you agree? Explain. (4 marks)