Khaled has developed a new technology device that is so exciting he is considering quitting his job in order to produce and market it on a largescale basis. Khaled will rent a small factory for 2,000dhs per month for production purposes. Ublities will cost 500dly per month Khaled has a'ready taken an industrial design course at Dubai Men's College to help prepare for this venture. The course cosk-800dhs. Khaled will rent production equipment at a monthly cost of 3.000dhs. He estimates the material cost per unit will be 20dhe, and the labor cost will be 12 dhe per unit. He will hire workers and spend his time promoting the product. To do this he will quit his job which pays 25,000 ahs per month. Advertising and promotion will cost 3,500 ohs per month. Required: 2. Calculate the total Fixed coste 3- Calculate the total variable cost per unit= 4. If the machine max production capecity is 1000 units per month, what is the selling price he should sot to break aven monthly? If Khaled to eam a profit equal to his current salary, for how much he should sell the unit? = What is the fixed cost per unit for maximum production? What is the total variable cost for maximum production?= IIf Khalid set the selling price for 70DHS on max production and managed to reduce the total fixed cost by 2% what is the proft increase percentage= If Khalid set the selling price for 70 DHS on max production and managed to reduce the total variable cost by 2% what is the proft increase percentage =