Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer ALL questlons below. Question 1 The following were extracted from the books of Tasik Bhd. for the month of Ocober 2019: Particulars Amount (RM)

Answer ALL questlons below. Question 1 The following were extracted from the books of Tasik Bhd. for the month of Ocober 2019: Particulars Amount (RM) Amount (RM) Sales Revenue 550,000 Less: Cost of Sales Materials 165,000 132,000 88,000 90,000 Labour Variable overheads Fixed Overheads 475,000 Profits 75,000 Sales Quantity: 11,000 units Required: a. Calculate the number of units to be sold whereby the company neither makes a profit nor a loss. (5 marks) b. Calculate the required sales quantity to earn a 30% profit on the current sales revenue when all other things remain the same. (5 marks) C. Calculate the selling price per unit when the number of units to break even is lowered by 20% under the present conditions. (5 marks) d. State FIVE (5) assumptions when using break even analysis. (5marks)
image text in transcribed
Answer ALL questions below. Question 1 The following were extracted from the books of Tasik Bhd. for the month of October 2019: Particulars Amount (RM) Amount (RM) Sales Revenue 550,000 Less: Cost of Sales Materials Labour Variable overheads Fixed Overheads 165,000 132,000 88,000 90.000 475,000 Profits 75,000 Sales Quantity: 11,000 units Required: a. Calculate the number of units to be sold whereby the company neither makes a profit nor a loss. (5 marks) b. Calculate the required sales quantity to earn a 30% profit on the current sales revenue when all other things remain the same. (5 marks) C. Calculate the selling price per unit when the number of units to break even is lowered by 20% under the present conditions. (5 marks) d. State FIVE (5) assumptions when using break even analysis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Volume 1 And Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

9th Canadian Edition

1119786649, 978-1119786641

More Books

Students also viewed these Accounting questions

Question

=+7. What is the big message you want them to know? (THINK SLOGAN.)

Answered: 1 week ago