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GK Ltd. produces a flat-screen TV. The sales price per unit is $700, the variable cost per unit is $ 409 per unit and the

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GK Ltd. produces a flat-screen TV. The sales price per unit is $700, the variable cost per unit is $ 409 per unit and the monthly fixed cost is $162,960 1. What is the CM Ratio? 2. What is the Breakeven Point in Sales $? 3. What if SP (Sales Price) increases 12%? Calculate new breakeven point in units and sales $. 4. What if FC (Fixed Cost) increases 20%? Calculate new breakeven point in units and sales $. s. How many units must GK Ltd. sell to make profit $ 20,000? 6. GK Ltd. sells bike for $784 per unit and wants to increase its sales by giving a series of discounts 20% on purchase over 10 bikes, 10% promotional discount and 5% Christmas discount. (Order received for 15 bikes) Use the simple trade discount formula and Single equivalent rates of discount 7. GK Ltd. manufacture bikes that cost $620. Using a cost-plus approach, add a 25% markup to the cost of bikes sold 8. GK Ltd. charges its customers $784 for per bike and cost per bike is $620. Calculate Profit percentage

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