PQRS is a manufacturing company in Abuja producing a single product called QR. The selling price of the product is ₦250 with a marginal cost of ₦160, while the fixed cost is ₦1,800,000 per annum.

You are required to calculate:

1. Number of units to break even (2 Marks)
2. Contribution/Sales ratio (2 Marks)
3. Sales value at breakeven point (2 Marks)
4. Number of units to be sold to achieve a profit of ₦450,000 (2 Marks)
5. At a margin of safety of 50%, prepare a statement using the profit to be achieved (6 Marks)