The following is the cost structure of a product. Selling price Rs.100 per unit.

Variable cost per unit: Material Rs. 38, Labour Rs. 14, Direct expenses Rs. 8

Fixed overheads for the year: Factory overheads Rs.2,80,000, Office overheads Rs. 2,20,000

No. of units produced and sold 40,000

Calculate:

(1) P/V Ratio.

(2) Break Even Point in units.

(3) Margin of safety amount.

(4) Break Even Point if fixed overheads increased by 20%.