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(10 points) Break-even point A business expects to sell 3 500 units of product in the coming year at a selling price of $80. The

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(10 points) Break-even point A business expects to sell 3 500 units of product in the coming year at a selling price of $80. The expected costs are: Fixed per annum Direct material Direct labour Overheads Selling and administration expenses Variable per unit 12.00 15.00 18.00 5.00 24 000 60 000 Required: (a) What is the expected profit for the year? (b) How many items must be sold to break even? Please writes the answer in the text box and submit your detail work in Excel. 10 points ) Break-even, profit planning, service industry Sue Tyas is investigating the possibility of running a dog washing service. The service is provided on six days a week for 48 weeks a year. She has summarised the business costs and fees as indicated below: Fees per wash Variable costs per wash Fixed costs 15.00 2.40 $5 040 per annum Required: (a) How many washes per annum will need to be made to break even? (b) If Sue can do five washes a day, what will be the profit before tax? (c) How many washes will be required to make a profit of 20% on fees charged? Please writes the answer in the text box and submit your detail work in Excel

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