Section A You must answer BOTH questions from this section. Please use ONE WHITE answer sheet per question. If there is not enough space on a white sheet, please raise your hand to request a YELLOW answer sheet in order to continue your answer. QUESTION 1 The following budget data relates to the business of John Smith for the coming year: Sales 7,700,000 Variable costs 3,200,000 Fixed Costs 1,700,000 Sales units 1,300,000 REQUIRED: Based on the data above calculate: a. The contribution per unit. (5%) b. The break-even point in sales units and value. (10%) C. The margin of safety in percentage form. (5%) d. How many units must be sold to achieve a profit of 394,400. (5%) (Total 25%)