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Transcription of this question: 2.ParderImage removed for copyright reasonsParder manufactures ride-on (riding) lawnmowers.Selected forecast financial data for the ride-on lawnmowers, for 2016:Annual fixed costsRent30 000Marketing40 000Administration30 000Variable costs per ride-onlawnmowerComponents400Direct labour100Price per ride-on lawnmower1500(a) Define the term variable costs.(i)(ii)(iii)Calculate for Parder, for 2016, the break-even level of output (show allyour working).Construct a fully labelled break-even chart, to scale, for Parder, for 2016.Calculate the profit or loss if 700 ride-on lawnmowers are sold in 2016 (show allyour working).[2][2][2]

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