Maju Sdn Bhd has been operating for only a few months. The company sells three types of tables, plastic, wooden and steel. Budgeted sales by product and in total for the coming month are shown below: Plastic Wooden Steel % of total sales 48% 20% 32% Sales 240,000 100% 100,000 100% 160,000 100% - variable exp 72,000 30% 80,000 80% 88,000 55% CM 168,000 70% 20,000 20% 72,000 45% Additional budgeted information: 1. Fixed expenses in total is RM223,600 2. Net income in total is RM36,400 REQUIRED: (a)Calculate the budgeted break-even point in RM sales. (b)Assume that actual sales for the month total RM500,000 as planned. Actual sales by product are: plastic, RM160,000; wooden, RM200,000; and steel, RM140,000. Prepare a contribution income statement for the month based on actual sales data. Present the income statement in the format shown above plus with additional column for the total. (c)Calculate the break-even sales for the month, based on your actual data. (d)Considering the fact that the company met its RM500,000 sales budget for the month, the president is shocked at the results shown on your income statement in (b) above. Prepare a brief memo for the president explaining why both the operating results and break-even sales are different from what was budgeted