QUESTION 1 [10 MARKS] Use the information provided in the table below to answer the given questions

a) Calculate the break-even point in units and the break-even value in Rand (5) b) Determine the margin of safety in units (3) c) What do you understand by the term break-even?

QUESTION 1 [10 MARKS] \begin{tabular}{|l|l|} \hline UsetheinformationprovidedinthetablebelowtoanswerthegivenquestionsSellingPrice & R25 \\ \hline Variable Cost & 15% of selling price \\ \hline Fixed Cost & R120 000 \\ \hline Expected sales & 25000 units \\ \hline \end{tabular}