Task 1: a. Briefly explain what does BEP mean for the company and give example (20 marks) b. Given the following information for AL Madina Company, answer the following questions: Selling price (per unit) 200 R.O Number of units sold 250 Variable cost (per unit) 150 R.O EC_AMO_TEM_036_02 Page 1 of 15 Accounting for Business (BUSS 20001.1) - Fall 21 - CW2- All-QP Fixed cost 560,000 R.O 1. Calculate contribution margin ratio (10 marks) II. Find Breakeven Point in amount (10 marks) III. Find Breakeven Point in units (10 marks)