She Sales 12,000,000 Less Variable Production Cost: Direct Material Cost 1,500,000 Direct Labour Cost 900,000 Variable Production overhead cost 1,200,000 3.600,000 (3,600,000) Gross Contribution Margin 8,400,000 Less other Variable costs: Variable Administration overhead cost 180,000 (180,000) Variable Selling & Distribution overhead cost 200,000 (200,000) Net Contribution Margin 3.020,000 Less Fixed Cost: Fixed Production overhead cost 3,000,000 Fixed Administration overhead cost 1,800,000 Fixed Selling & Distribution overhead cost 300,000 5,100,000 (5,100,000) Net Profit 2.920,000 Required: i) Calculate the break-even both in units and sales value using the contribution margin method for Xerox Ltd for the year 2020 (3 marla) ii) Calculate the margin of safety for Xerox Lid assuming that the actual sales for the year 2020 is as given in the above income statement (ie She 12,000,000) (1 mark) iin) Calculate the number of Units (T-Shirts) that the Xerox Itd will have to produce and sell to earn a target profit of She 10,000,000. (2 Marks) Page 4 of 5