Question
NB: As you can't manufacture part of a unit please round your answers up. 1. Break even point in units for Tennis World Ltd: (1
NB: As you can't manufacture part of a unit please round your answers up. 1. Break even point in units for Tennis World Ltd: (1 mark)(Enter amount only, do not use decimal points or commas) Answer 2. Break-even point in sales dollars for Tennis World Ltd: (1 mark)(Enter amount only, do not use dollar signs, decimal points or commas)Answer 3. How many rackets would Tennis World have to sell in order to earn a profit of $350,000? (1 mark) (Enter amount only, do not use decimal points, dollar signs or commas) Answer 4. What is the firm's Safety Margin? (1 mark)(Enter amount only, do not use dollar signs , decimal points or commas) Answer 5. How many rackets would Tennis World have to sell in order to earn a profit of $350,000 after tax? Assume Tennis World pays income tax of 30% (1 mark)(Enter amount only, do not use dollar signs, decimal points or commas) Answer 6.Management of Tennis World estimates that the variable manufacturing overhead costs will increase by 10% next year. How many rackets will the company have to sell next year to reach break-even point? (1 mark)(Enter amount only, do not use dollar signs, decimal points or commas)Answer
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