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Question 3 Study the information given below and answer each of the following questions independently: 3.1 Calculate the total Marginal Income and Net Profit/Loss
Question 3 Study the information given below and answer each of the following questions independently: 3.1 Calculate the total Marginal Income and Net Profit/Loss if all the tables are sold. (4 marks) 3.2 Use the marginal income ratio to calculate the break-even value. (4 marks) 3.3 Calculate the new total Marginal Income and Net Profit/Loss, if an increase in advertising expense by R100 000 is expected to increase sales by 400 units. (4 marks) 3.4 How many units must be sold if the company wishes to earn a net profit of R298 920. (4 marks) 3.5 Based on the expected sales volume of 2 400 units, determine the sales price per unit (expressed in rands and cents) that will enable the company to break even. (4 marks)
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