Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

NLQUINCU Use the information provided below to answer each of the following questions independently 2.1 Calculate the break-even quantity. 2.2 Calculate the sales value required

image text in transcribed

NLQUINCU Use the information provided below to answer each of the following questions independently 2.1 Calculate the break-even quantity. 2.2 Calculate the sales value required to achieve a net profit of R150 000, using the marginal (2 Marks) income ratio. (4 Marks) (4 Marks) 2.3 Determine the selling price per unit if a net profit of R624 600 is desired. INFORMATION The following information was extracted from the budget of Mary's Manufacturers for the period July to December 2021: 12 300 units 2. R200 Total production and sales Selling price per unit Variable manufacturing costs per unit: Direct materials 3 R60 Direct labour R40 Overheads R20 14 Fixed manufacturing overheads R200 000 5 Other costsi 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

More Books

Students also viewed these Accounting questions

Question

What is meant by a process? Describe its important features.

Answered: 1 week ago