Techno Ltd. has budgeted the following for the next year:

Particulars	Amount (₹)
Sales Revenue	30,00,000
Variable Costs	18,00,000
Fixed Costs	6,00,000
Target Profit	3,00,000

1. PREPARE the budgeted income statement.
2. CALCULATE the break-even point in units.
3. ANALYZE the impact on the break-even point if variable costs increase by 15%.
4. EVALUATE the effect of increasing sales revenue by 7% on the target profit.
5. DISCUSS the importance of budgeting in strategic planning.