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The following details relate to a product made Paxx Ltd for the year ending December 31, 2021 Selling price per unit $70 Variable cost per

The following details relate to a product made Paxx Ltd for the year ending December 31, 2021 Selling price per unit $70 Variable cost per unit $30 Total Fixed cost $4,000 Budgeted sales in units 500 units Required: A. Calculate the contribution margin ratio (2 marks) B.. Calculate the breakeven point in units (2 marks) C. Calculate break-even point in dollars (2 marks) D. Calculate the margin of safety in units (2 marks) E. Calculate the budgeted profit for December (2 marks) The following details relate to a product made Paxx Ltd for the year ending December 31, 2021 Selling price per unit $70 Variable cost per unit $30 Total Fixed cost $4,000 Budgeted sales in units 500 units Required: A. Calculate the contribution margin ratio (2 marks) B.. Calculate the breakeven point in units (2 marks) C. Calculate break-even point in dollars (2 marks) D. Calculate the margin of safety in units (2 marks) E. Calculate the budgeted profit for December (2 marks) (Show workings)

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