1. Icon plc manufactures soft toys for the European market. The costs incurred by the firm are as follows: Materials (per toy) Wages (per toy) Packaging (per toy) Rent of premises Machinery hire Marketing and administration Group Work (Maximum three member in each Group) Time 15 Minutes Required Calculate the following: 5 4 3 5,000 3,000 1,000 The soft toys sell for an average price of $16. Current capacity of Sibon plc is 3000 toys per year. 1. Contribution per toy sold. 2. 3. Break-even in units of output Break-even level of sales revenue

Group Work (Maximum three member in each Group) Time 15 Minutes 1. Icon ple manufactures soft toys for the European market. The costs incurred by the firm are as follows: The soft toys sell for an average price of $16. Current capacity of Sibon plc is 3000 toys per year. Required Calculate the following: 1. Contribution per toy sold. 2. Break-even in units of output 3. Break-even level of sales revenue