In its first year, Helen Trading had the following experience: Unit selling pricebirr100Sales 50,000 units Total fixed
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Question:
- In its first year, "Helen Trading" had the following experience:
Unit selling pricebirr100Sales 50,000 units
Total fixed costbirr 400,000TVCbirr 3,000,000
Required:
a)Develop TR, TC and profit functions for the company in terms of quantity
b)Find the breakeven point in terms of quantity and sales volume.
c)If profit had been br. 500,000 what would have been the sales volume (Revenue) and quantity of sales.
d)What would have been the profit if sales are br. 2,000,000
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