The Managing Director at W Ltd is examining the projected figures in relation to the new 'Quicknoodles' ('Quicknoodles' being the fastest, most nutritious instant noodles available anywhere): O Selling price per pack 2.50; Ingredients cost; 0.2 kilograms of noodles are required to be input but, as these noodles are a new formulation, there is some uncertainty about their cost. Market research has suggested the following possible costs per kilogram together with related probabilities: Possible cost per kilogram () Probability 0.70 0.30 1.00 0.50 1.20 0.20 . Unskilled labour is paid at a rate of 9 per hour. 0.1 hours of unskilled labour is required per pack; Annual fixed costs of 140,000 are expected in direct relation to this product; Annual sales forecast 200,000 packs; Target contribution / sales (C/S) ratio of 65% Target net profit margin of 35%. . O Required (a) Use calculations to assess whether the targeted returns are going to be achieved for the 'Quicknoodles'. (9 marks) (b) Suggest and justify THREE areas in which cost savings could be made by W Ltd. (6 marks) (maximum 300 words) (c) Explain what is meant by the costs of quality and discuss FOUR categories of quality costs, using W Ltd to illustrate your