The following information relates to Magnum pty ltd:

Selling price per ice cream					$195
Variable costs per ice cream
Direct material					$60
Direct Labour					$15
Manufacturing Overhead					$15
Selling costs					$10
Total variable costs per ice cream					$100
Annual fixed costs:
Manufacturing Overhead					350,000
Selling and Administrative					150,000
Total Fixed costs					500,000
Forecast annual sales (6500)					1267500

NB: As you can't manufacture part of a unit please round your answers up. 1. Break even point in units for Magnum 2. Break-even point in sales dollars for Magnum: 3. How many creams do Magnum have to sell in order to earn a profit of $165,000? 4. What is the firm's Safety Margin? 5. How many ice creams would Magnum have to sell in order to earn a profit of $165,000 after tax? Assume Magnum pays income tax of 30% 6.Management of Magnum estimates that the variable manufacturing overhead costs will increase by 10% next year. How many ice creams will the company have to sell next year to reach the break-even point?