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From the data provided herein calculate the break-even point and turnover (sales revenue) required to earn a profit of sh.36,000 after tax. Tax is at
- From the data provided herein calculate the break-even point and turnover (sales revenue) required to earn a profit of sh.36,000 after tax. Tax is at the rate of 40% of net income before taxes.
Sh.
Fixed cost 180,000
Variable cost per unit 2
Selling price 20
b. if the company earns a profit of sh.36,000 express the margin of safety available to company.
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