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B124 June 2022 (d) Guido is a manufacturing firm producing several products for the local market. The following data relates to a new product called

B124 June 2022 (d) Guido is a manufacturing firm producing several products for the local market. The following data relates to a new product called the ZITE 7 to be launched on 1 March 2022. Selling price 25 per unit Forecast sales volume 60,000 units Variable costs Fixed costs 20 per unit 180,000 (4 marks) Total 16 marks Required: Using the information above, calculate the minimum sales revenue (s) needed to meet a target profit of 60,000 [END OF QUESTION PAPER] |||

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