The purpose of this assignment is to introduce students to Cost-Volume-Profit (CVP) analysis techniques. Your task is to answer the questions for the following scenario. UUM will hold the 35th Convocation Ceremony in May 2023 for the awarding of degrees to graduates. In conjunction with the convocation ceremony, UUM will organize a Convocation Party. It is open to all, especially students to participate in trade fairs and product sales according to their respective interests. UUM will provide booth sites with a rental fee of RM2,000 per site. You are interested in joining and plan to rent a booth. Be required: 1. Prepare a brief discussion of the product you plan to sell on such trade fairs and sales. Include in the sales price discussion and variable cost per unit of product, and target operating profit. 2. Prepare an analysis to calculate the break-even point in unit quantity and sales (RM). 3. Provide analysis to calculate the break-even point for different scenarios (for example, changes in site rental price, selling price per unit, variable costs per unit and target operating profit). 4. Provide an analysis of expected operating profit at various levels of sales. A Cost-Volume-Profit graph can be presented to further explain. 5. Based on the above analysis, discuss the viability of your plan to join trade fairs and sales. This is a group project. The group should consist of 4-5 members. Use Times New Roman, font size 12 and spacing 1.5 times. The mark for this assignment is 20% of your total mark. Assessment is based on numeracy skills (15%) and leadership and autonomy skills (5%). Scoring rubric as attached: 1. Numeracy skill rubric 2. Leadership and autonomy rubric