Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Good day can you please explain how to get to the answers step by step so that i can understand this instead of just having

Good day

can you please explain how to get to the answers step by step so that i can understand this instead of just having an answer for it.

thank you kindly

image text in transcribed

QUESTION 2 (10 Marks) (2 Marks) REQUIRED Use the information provided below to answer each of the following questions independently: 2.1 Calculate the break-even quantity 22 Calculate the sales value required to achieve a net profit of R150 000, using the marginal income ratio. 23 Determine the selling price per unit if a net profit of R624 600 is desired. (4 Marks) (4 Marks) INFORMATION The following information was extracted from the budget of Mary's Manufacturers for the period July to December 2021 1. Total production and sales 2 300 units 2. Selling price per unit R200 3. Variable manufacturing costs per unit: Direct materials R60 Direct labour R40 Overheads R20 4. Fixed manufacturing overheads R200 000 5. Other costs: Fixed marketing and administrative costs R100 000 Sales commission 10% of sales

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Shariah Audit Framework A Case Study Of UAE Noor Takaful Operations

Authors: Abdussalam Ismail Onagun

1st Edition

3659644064, 978-3659644061

More Books

Students also viewed these Accounting questions