QUESTION 1 1.1 Discuss the three general types of cost behavior and explain how retail managers can utilize them to achieve cost-effective business productions. a. Variable Costs (3) b. Fixed Costs (3) c. Mixed Costs (4)

1.2. XYZ Manufacturing is a Company that produces and sells a product. The following information is available: Selling price per unit: R50 Variable cost per unit: R30 Fixed costs: R20,000

Calculate the following: a) Break-even point in units. (4) b) Break-even point in sales revenue. (2) c) The profit or loss if 1,000 units are sold. (5) d) The number of units that need to be sold to achieve a profit of R10,000. (4)