Problem 2: M.K. Ltd. manufactures and sells a single product X whose selling price is '40 per unit and the variable cost is 16 per unit. 0 If the Fixed Costs for this year are 4,80,000 and the annual sales are at 60% margin of safety calculate the rate of net return on sales, assuming an income tax level of 40% (ii) For the next year, it is proposed to add another product line Y whose selling price would be 50 per unit and the variable cost' 10 per unit. The total fixed costs are estimated at 6,66,600. The sales mix of X: Y would be 7:3. At what level of sales next year, would M.K. Ltd. break even? Give separately for both X and Y the break even sales in rupee and quantities