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 large scale basis. Khaled wil rent a small factory for 2.000chs per month for production purposes. Utilities will cost 500dhs per month, Khaled has ready taken an industrial design course at Dubai Men's College to help prepare for this venture. The course cost doodhs. Khaled will rent production equipment at a monthly cost of 3.000dhs. Ho estimates the material cost per unit will be 20hs, and the labor cost will be 12chs per unit. He will hire workers and spend his time promoting the product. To do this he will quit his job which pays 25,000dhs per month. Advertising and promotion will cost 3,500dha per month Required 1. 2. Co the total Fored cost 3. Calculate the total variable cost per unite If the machine max production capacity is 1000 units per month, what is the selling price he should set to break even monthly 5. Khaled to com a profit equal to his current salary, for how much he should be the unit? 6. What is the feed cost per unit for maximum production? 7. What is the total variable cost for maximum production - B of Khalid set the selling price for 700HS on max production and managed to reduce the total foved cost by 2% what is the profit increase percentage 9. Khalid set the selling price for 70DHS on max production and managed to reduce the total variable cost by 2% what is the profit increase percentage