Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer BOTH questions for THUMBS UP, ELSE SOLUTION WILL NOT BE RATED. Ques 1 Ques 2 Catapult Ltd. is currently working on a new

Please answer BOTH questions for THUMBS UP, ELSE SOLUTION WILL NOT BE RATED.

Ques 1

image text in transcribed

Ques 2

image text in transcribed

Catapult Ltd. is currently working on a new project. From the following data, you are required to (i) perform a Break-even analysis for their company using the following: (5 marks) ( marks) (c) Calculate the sales (in amount) to earn a profit of $ 450,ooo? (3 marks) (a) P/V ratio (b) Break-even sales with the help of P/V ratio Additional Data: Fixed Expenses $9o,ooo Variable Cost per unit: Direct Material = $ 5 Direct Labour-2 Direct Overheads 100% of Direct Labour Selling Price per unit$12. Furthermore, from the results ofyour calculation, (ii) recommend a strategy to increase their profit earned and give reasons

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

Trucking Industry IRS Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

1304135640, 978-1304135643

More Books

Students also viewed these Accounting questions

Question

Describe the various types of data.

Answered: 1 week ago