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During 2020-21 and 2021-22, the following are the financial performance of Envision Electricals Ltd 2020-2021 2021-22 Units sold 10,000 15,500 Sales Rs 2,50,000 Rs 3,87,500
During 2020-21 and 2021-22, the following are the financial performance of Envision Electricals Ltd 2020-2021 2021-22 Units sold 10,000 15,500 Sales Rs 2,50,000 Rs 3,87,500 Profit/Loss Rs 50,000 Rs 82,000 Based on the above information on sales and profit/ loss you are required to determine the following: a. The amount of fixed costs incurred by the firm b. The break-even point (Point of No profit and No loss) for the organization (in rupee and unit terms) c. The amount of sales that can generate profit of Rs.5 lakhs for the year 2022-23. Assumption: Fixed cost remain constant for both the years
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