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Finance management PnA calculators. The following information was extracted from the budget for the year ended 31 December 2023: $Sales 10 400Selling price per calculator350Variable
Finance management
PnA calculators. The following information was extracted from the budget for the year ended 31 December 2023:
$Sales 10 400Selling price per calculator350Variable production cost per unit216Fixed production costs154 000Variable selling and administrative costs per unit29Fixed selling and administrative costs82 000Calculate the following: a) Break-even quantity b) Break-even value using the marginal income ratio c) Margin of safety (in terms of units) d) Expected total marginal income and net profit
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