Question
A&X is a manufacturing company that produces one standard type of production. The following information relates to the company. $ Variable cost per unit 800
A&X is a manufacturing company that produces one standard type of production. The following information relates to the company. $ Variable cost per unit 800 Selling price per unit 1,200 Total fixed cost 240,000 Required: (a) Calculate: (i) The break-even point in units (ii) The sales value at break-even point (iii) The C/S ratio (iv) The quantity of goods to be sold by the company in order to make a profit of $60,000 (v) The value of sales that will result in a profit of $60,000 (b) Prepare a statement of profit showing the profit of the company where the quantity in (iv) above is produced.
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