• Accounting in Organisations and Society

2. Cost-Volume-Profit (CVP) Analysis Wax Works is a candle manufacturer producing organic essential oil scented candles. They are producing candles packed in clear glass weighing 200g each, in three different varieties: Eucalyptus, Lavender & Sweet Orange. ~ Wax Works is expected to have the following fixed costs: Administration expense of $14,000 per year Advertising expense of $1,750 per quarter Utilities expense of $2,500 per month Maintenance expense of $8, 130 per year ~ The sales data are expected to be as follows: Eucalyptus Lavendere Sweet Orange Annual volume in units ~ 6,000 10,000 4,000 (20,000 total units) Selling price per unit $ 20- 25- Variable cost per unit $ 220 You and your team has been requested to assist Wax Works in understanding their financial performance in terms of Cost, Volume, Profit (CVP) analysis. Please calculate the following and show your workings: