Question
1- Al-Noor Industrial Company produces a garden canopy, and the following are the data for that commodity: Unit selling price 18 dinars Direct materials 6
1- Al-Noor Industrial Company produces a garden canopy, and the following are the data for that commodity: Unit selling price 18 dinars Direct materials 6 dinars Direct work 4 dinars Variable industrial costs 3 dinars Fixed industrial costs of 100,000 dinars Actual sales of 40,000 units
Required: Based on the previous data, calculate the following: 1. Variable cost per unit (one degree) 2. Break-even point in units. (one degree) 3. Contribution margin ratio. (one degree) 4. Break-even point in dinars. (1.5 degrees) 5. The number of units to be sold to achieve a target profit after tax of 30,000 dinars if you know that the tax rate is 20%. (two degrees) 6. The margin of safety ratio is calculated based on the actual sales. (1.5 degrees) 7. Operating leverage at the level of actual sales, using the income statement. (two degrees)
Please can you answer the question with explaining by steps
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