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Question 1: (2 Marks) ABC sells two types of watches, men's watches and women's watches. During the financial year ended 30 June 2020, fixed costs
Question 1: (2 Marks) ABC sells two types of watches, men's watches and women's watches. During the financial year ended 30 June 2020, fixed costs were $460800 and sales were in the ratio of three units of men's watches to one unit of women's watches. Men's watches sell for $180 per unit, and the variable costs are $116 per unit. Women's watches sell for $300 per unit, and the variable costs are $204 per unit. Required A. Calculate the break-even point in total units and the number of units of each type of shoe that must be sold at the break-even point. B. How many units of men's watches and how many units of women's watches must the firm sell to achieve a profit of $57 600
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