Sport Caps Co$.$ manufactures and sells caps for different sporting events. The fixed costs of operating the company are $GH!in150,000$ per month, and the variable costs for caps are $GH!in5$ per unit. The caps are sold for $GH!in8$ per unit. The fixed costs provide a production capacity of up to $100,000$ caps per month.

Required:

a$.$ Contribution margin per cap.

b$.$ Break$-$even point in terms of the number of caps produced and sold.

c$.$ Break$-$even point in terms of value $($in Ghana cedis$)$

d$.$ Sales level that will produce a profit of $GH!in50,000$

e$.$ The margin of safety in units

f$.$ The margin of safety in value

g$.$ Amount of net income at $30,000$ caps sold per month $($ignore taxes$).$

h$.$ Amount of net income at $85,000$ caps sold per month $($ignore taxes$).$

i$.$ Number of caps to be produced and sold to provide GH$45,000$ of after$-$tax income, assuming an income tax rate of $25\%$