11. What do you understand by the term "cost-volume-profit relationship? Why is this relationship important in business management ? Exercises Ex. 1. Break-down of cost per unit at an activity level of 10,000 units of Zenith Razors is as follows: Raw materials Direct expenses Chargeable expenses Fixed overheads Variable overheads Total cost per unit Selling Price Profit per unit How many units must be sold to break-even? [Ans. 7,500 units] Ex. 2. From the following data, calculate: (i) P/V ratio and (ii) the percen Direct Direc Work 10 Adm 8 Sell No 4 [Ans. Ex. At 6 raw ma At Th