QUESTION $3(20$ Marks$)3\mathrm{.}1$ REQUIRED Use the information given below to calculate the following: $3\mathrm{.}1\mathrm{.}1$ Break$-$even value, using the marginal income ratio $(4$ marks$)3\mathrm{.}1\mathrm{.}2$ Margin of safety $($expressed in units$)(4$ marks$)3\mathrm{.}1\mathrm{.}3$ Total Marginal Income and Net Profit$/$Loss$,$ if the sales price is reduced to R$480$ per unit. $(4$ marks$)$ INFORMATION A company manufactures a single product $.$ Production and sales are expected to be $1000$ units. The following budget has been produced by the management accountant: Sales at R$500$ each R$500000$ Direct materials cost per unit R$150$ Direct labour cost per unit R$105$ Variable manufacturing overhead costs per unit R$20$ Variable selling costs $5\%$ of sales Fixed manufacturing overhead costs R$70000$ Fixed selling and administrative costs R$300003\mathrm{.}2$ REQUIRED Answer the following questions from the information provided below: $3\mathrm{.}2\mathrm{.}1$ Calculate the marginal income per unit. $(3$ marks$)3\mathrm{.}2\mathrm{.}2$ If Antler Limited decides on a selling price of R$35$ and a profit objective of R$750000,$ calculate the target sales volume. $(5$ marks$)$ INFORMATION Antler Limited expects to incur the following costs to produce $35000$ units of its product which it aims to sell at R$30$ each: Variable manufacturing costs R$245000$ Fixed manufacturing costs R$90000$ Variable marketing costs R$105000$ Fixed marketing and administrative costs R$50000$