David Hamman sells organic vegetable boxes, which cost on average 4.80, for an average price of 8.
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David Hamman sells organic vegetable boxes, which cost on average £4.80, for an average price of £8. The fixed costs of his business are £26,800 per year. He is currently selling 10,000 boxes per year. Based on these data, calculate the following:
i. break-even level in number of boxes;
ii. margin of safety in output;
iii. margin of safety as a percentage of current sales.
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i 8375 boxes ...View the full answer
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Ali Khawaja
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