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Q4-Answer parts (a), (b), (c), and (d) Q4(a) Mooney's Limited manufacture a single product. The following is the proposed annual budget for the coming
Q4-Answer parts (a), (b), (c), and (d) Q4(a) Mooney's Limited manufacture a single product. The following is the proposed annual budget for the coming year: Sales (55,000 units) Variable Costs Fixed Costs Total Costs Net Profit 770,000 467,500 137,500 605,000 165,000 (i) What is the selling price per unit? (ii) What is the variable cost per unit? (iii) What is the contribution for each unit sold? (iv) What is the break-even point in volume (units) and sales value ()? In your answers, show all calculations. Q4 continued on next page
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