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Question 2 Style photo sells only one product. The statement of comprehensive income for 2021 is provided below: Sales Less variable expenses Contribution margin Less
Question 2 Style photo sells only one product. The statement of comprehensive income for 2021 is provided below: Sales Less variable expenses Contribution margin Less fixed expenses Net income 60,000 (30,000) 30,000 (22,500) 7,500 Required: Calculate with workings: a. The contribution margin ratio in percentage. (3 marks) b. Thee breakeven point in total sales ringgits. (3 marks) C. The sales in RM if the company wants to achieve RM40,000 in net income. (4 marks) d. The increase in net income if sales increase by RM50,000. (3 marks) e. The contribution margin in RM if there is no change in fixed and variable expenses. (2 marks)
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