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Section 3 (5 Marks) (CLO 41 From the given real-life scenario compute the Break-Even point and draw a break-even chart and determine from the chart

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Section 3 (5 Marks) (CLO 41 From the given real-life scenario compute the Break-Even point and draw a break-even chart and determine from the chart the break-even point, total cost line, profit area, loss area, sales line, fixed cost line, margin of safety and angle of incidence. Scenario The Hyundai Motor Company is a South Korean multinational automotive manufacturer headquartered in Seoul, which specializes in manufacturing automobiles, four-wheel drive vehicles, and motorcycles. The annual sale of the company is 20 vehicles; selling price of each vehicle is $50,000. The direct material cost of the company in the last financial year was $250,000. Their variable overhead was $150,000 with direct wages of $100,000 and fixed overhead was $200,000

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