. In its first year, “ABOL BUNA” Company had the following experience. Sales = 25,000 units Selling price = Birr 100 Total variable cost = Birr 1,500,000 TFC = Birr 350,000 Required: a) Develop revenues, cost, and profit functions for the company in terms of quantity. b) Find the break-even point in terms of quantity. c) Convert the cost equation in terms of quantity in to a cost equation in terms of revenue. d) Find the break-even revenue. e) If profit had been Birr 500,000 what would have been the sales volume (revenue) and the quantity of sales. f) What would have been the profit if sales were Birr 2,000,000? 3. A retail co plans to work on a margin of 44% of retail price and to incur other variable costs of 4%. If it expects fixed cost of Birr 20,000, a) Find the equation relating total cost to sales. b) Find the profit it sales are Birr 60,000. c) Find the breakeven revenue. d) If profit is Birr 15,000, what should be the revenue level? e) If the company has only one item at a price of Birr 15 per unit, how do you convert the cost equation in terms of revenue in to a cost equation in terms of quantity?