Given: The Magnum Company has a patented process which will make them the sole producer and distributor of product XX. In their first year, they plan to produce and sell 9000 units of XX. Their cost projection for the first year of operations is: Direct Labour :1.5 $ per unit: Direct Material: 0.50 $ per unit; All other Var. Costs : 1.0 $ per unit; Fixed Costs : 24 K$ per annum No other costs are involved. Required: If in the first year of operations they wish to make a profit of 39 K$; a) What should the unit sale price of XX be; b) What is the CMR for the operation