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QUESTION 7 CVP Company manufactures and sells one product. The product has the following cost and revenue data: Selling price Per Unit (AED) 100 Variable

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QUESTION 7 CVP Company manufactures and sells one product. The product has the following cost and revenue data: Selling price Per Unit (AED) 100 Variable cost Per Unit (AED) 40 Total fixed expenses per month are as follows: Expenses types AED Advertising 180,000 Rent 170,000 Electricity 50,000 The company produced and sold 10,000 units during the month and had no beginning or ending inventories. if the sales dropped to 8.000 unit this month, what will be the new profit or loss

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