wants to judge its profitability. After an extensive time o CVP analysis. The owner of company Bibi observations, he obtained the following information: Costs $5,000 $7,500 $10,000 100 q Range (in units (q)) 0-30 30-80 80-150 0-100 100-150 Fixed costs Variable costs The selling price per unit (g) is $220. 1. What kind of variable costs can you distinguish for Bibi? Explain. 2. What kind of fixed costs are applicable for Bibi? Explain. 3. Draw the CVP graph 4. Calculate the breakeven point (production/sales). 5. Calculate the breakeven revenue 6. Ifthe relevant range is 0-80 units, and the actual production and sales is 70 units, calculate the safety margin. 3-36 CVP analysis. Alucamp is a company that produces and sells two types of camping chairs. The following manufacturing costs are given for the year 2014: Direct material Variable Indirect material Fixed labor costs Total manufacturing costs Type Locarno S8 S6 $20 $34 Type Rimini $5 $3 $15 $23 The variable selling costs are $6 per unit for both types of product. The fixed selling costs are $7 per unit for both Locarno and Rimini. The normal production and sales are 4,000 units of Locarno and 6,000 units of Rimini per year. Assume that the production and sales of the products are related to each other and conform to the ratio at normal occupation