A break-even chart is shown below for Windhurst Ltd.

You are required:
(i) to identify the components of the breakeven chart labelled p, q, r, 5, t, u, v, w, x and y3 (5 marks)
(ii) to suggest what events are represented at the values of x that are labelled m and n on the chart; (3 marks)
(iii) to assess the usefulness of break-even analysis to senior management of a small company.LO1

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