Answered step by step
Verified Expert Solution
Question
1 Approved Answer
anser this B. Use the bellow information to answer the following questions: Hanayn Abaya Shop sell women abaya. The cost of each abaya is comprised
anser this
B. Use the bellow information to answer the following questions: Hanayn Abaya Shop sell women abaya. The cost of each abaya is comprised of the following: Selling price of OMR 300 and variable costs of OMR 120. Total foxed costs for the shop are OMR 90,000 Q2. What is the contribution margin per abaya and contribution margin ratio? (2 Marks) Q3. What is the shop total profit when 2,000 Abayas are sold? (3 Marks) CVP Income Statement Q4. How many Abayas must the shop sell to reach the breakeven point? (1 Mark) Q5. How many Abayas must the shop sell to yield a profit of 200,000? (2 Marks) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started