Question No$.2$ Prepare a break$-$even chart using the following data provided along with calculations of break$-$even point in quantity and break$-$even sales.

Fixed cost per month $ $1,750$

Variable cost per unit $ $4$ per unit

Sale price per unit $ $7\mathrm{.}5$ per unit

Expected units sold per month $500$

The chart must be clearly presented, labeled and should show:

a$)$ Area of profit and loss

b$)$ Break$-$even point

c$)$ Margin of safety

$$ If fixed cost is reduced to $ $1,225$ per month $($all other figures remaining same$),$ recalculate the new break$-$even point quantity and sales using formula and present and label the data on break$-$even chart.