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Question 2 (24 points) Williams Ltd. manufactures and sells a single product. The selling price is 18. The following information relates to its yearly production
Question 2 (24 points) Williams Ltd. manufactures and sells a single product. The selling price is 18. The following information relates to its yearly production and cost data. (Assume that there is no change to the stock level of the company.) Year 1 2 3 4 5 Unit Volume 300,000 150,000 420,000 280,000 230,000 120,000 Total Cost 4,000,000 2,000,000 6,600,000 3,900,000 3,200,000 2,100,000 - W 6 Required: 1. Based on the above cost and volume data, use the High-Low method to identify variable cost per unit and annual fixed costs for the company. 2. On the basis of your answers in part (1) above, calculate the breakeven point of the company in both units and sales revenue
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