EVISION QUESTIONS Question 1 You are employed as a junior costing clerk for a manufacturing Company Tenko Tenko currently makes a single product with a sales price of 30 and a variable (or marginal) cost of E38 Fixed costs are currently E 180,000 per year. Required (Workings must be shown) Calculate L The number of units needed to break-even A The Sales at break-even point 14 marks (2 marks) (4 marks) (mark) 13 16 mark (30 marks) (Total 34 marks) N The C/S ratio (contribution/sales or volume) How many units will need to be sold to achieve a profit of 60,000 What level of sales (in E) would be needed to achieve a profit of 60,000 Give a limitations of break-even analysis Distinguish between financial management and cost accounting