management accounting

RM Sales (7,100 units @ RM35) 248,500 Variable costs per unit: Direct material Direct labour UT W V Factory overhead Fixed costs per year: Factory overhead 9,200 Marketing and administration 11,300 Based on the above information, answer the following questions: a) Explain the meaning of contribution margin. Then, determine the contribution margin per unit and contribution margin ratio for Borong. b) Calculate the break-even point for Borong in unit and RM. c) Explain what margin of safety is. Then, determine the margin of safety for Borong in unit and RM. d) The management plans to increase the sales activities to gain a target profit of RM31,500. Determine the total bags that need to be sold in order to achieve the management's target. e) Due to inflation, ShoPP will increase the selling price by RM33 and the variable cost per unit will also increase by 20%. Calculate the new break-even point for Borong in unit and RM. f) Elaborate how this cost-volume-profit analysis could assist ShoPP in managing its daily operation