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Please give me the answer to the concept of accounting fundamentals and in a typed form not handwritten. Kerrigan Ltd makes and sells product A.
Please give me the answer to the concept of accounting fundamentals and in a typed form not handwritten.
Kerrigan Ltd makes and sells product A. The current selling price is 11 and the total variable costs per unit are 6. The fixed costs of production are 350,000 and the company currently sells 75,000 units. Required: (a) Calculate the break-even point (in units and revenues) of product A for Kerrigan Ltd. [10 marks] (b) Calculate the profit made on sales of 75,000 units. [10 marks]
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