Question
Lannion and Co. is engaged in providing and marketing a standard advice service. Summarised results for the past two months reveal the following: October November
Lannion and Co. is engaged in providing and marketing a standard advice service. Summarised results for the past two months reveal the following:
| October | November | |
| Sales (units of the service) | 200 | 300 |
| Sales revenue (in pounds) | 5000 | 7500 |
| Operating profits (in pounds) | 1000 | 2200 |
There were no price changes of any description during these two months.
(a) Deduce the BEP (in units of the service) for Lannion and Co.
(b) State why the business might find it useful to know its BEP.
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Accounting and Finance An Introduction
Authors: Peter Atrill, Eddie McLaney
8th edition
129208829X, 1292088297, 978-1292088297
