Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Guidelines: All answers must be typed out and workings must be showing. QUESTION ONE Oli Manufacturers Limited plans to produce a new product called Double

image text in transcribed

Guidelines: All answers must be typed out and workings must be showing.

image text in transcribed

QUESTION ONE Oli Manufacturers Limited plans to produce a new product called Double P and the following information is available: Expected sales for July 2020 10 000 units at R300 each Expected variable cost for July 2020: Direct materials R20 per unit Direct labour R10 per unit Selling expenses 10% of sales Expected fixed costs for July 2020: Factory expenses R5 160 Administrative expenses R15 000 Required: 1.1 Calculate the marginal income per unit 1.2 Calculate the break-even quantity 1.3 Calculate the break-even value 1.4 Calculate the marginal income ratio. Guidelines: All answers must be typed out and workings must be showing

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_2

Step: 3

blur-text-image_3

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

Cornerstones Of Managerial Accounting

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

4th Edition

978-0538473460, 0538473460

More Books

Students also viewed these Accounting questions