(b) John makes and sells a product which has a variable cost of £60 and sells for £80 per unit. Budgeted fixed costs are £140,000 and budgeted sales are 16000 units.Required:What is the breakeven point and margin of safety?
(b) John makes and sells a product which has a variable cost of £60 and sells for £80 per unit. Budgeted fixed costs are £140,000 and budgeted sales are 16000 units.Required:What is the breakeven point and margin of safety?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter4: Rational Expressions
Section4.CM: Cumulative Review Problem Set
Problem 48CM
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Question
(b) John makes and sells a product which has a variable cost of £60 and
sells for £80 per unit. Budgeted fixed costs are £140,000 and budgeted
sales are 16000 units.
Required:
What is the breakeven point and margin of safety?
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