XYZ Ltd manufactures and sells a single product. The costs and revenue for this product are presented below:
	Total	per unit
Sales (15 000 units)	R750 000	R50
Less: Variable expenses	360 000	R24
Contribution margin	390 000	R26
Less: Fixed expenses	169 000
Net profit	221 000
What is the companys contribution margin ratio?
Answer for part 1
What is the companys breakeven point in units?
Answer for part 2
What is the companys breakeven point in rand?
Answer for part 3
In order to earn a target profit of R104 000, how many units would the company have to sell?
Answer for part 4
What is the companys margin of safety as a percentage? (Round off to the nearest whole number.)