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5, (Cost-Volume-Profit, Analysis) 20 Marks Ganges Ltd has developed the following data for the 10,000 units of vaccine they hope to produce and sell in

5, (Cost-Volume-Profit, Analysis) 20 Marks Ganges Ltd has developed the following data for the 10,000 units of vaccine they hope to produce and sell in the following month: Direct materials $50,000 $25,000 $15,000 Variable overhead $40,000 Direct labour Fixed overhead Variable selling & admin expenses $24,000 Fixed selling & admin expenses $16,000 Required: I a) At sales price of $19.00 per unit, how many units would Ganges have to sell in order to break- even? b) At a sales price of $21.50 per unit, how many units would Ganges have to sell in order to produce a profit of $20,000? c) If 8,000 units were sold, what price would Ganges have to charge in order to produce a profit of $21,000 d) What does cost-volume-profit (CVP) analysis meanimage text in transcribed

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