spaces between your figures. For example, if your answer to a question is

ninety$-$six thousand, you would enter $96000$ on Courses.

As you will be reminded of this at each question, no

appeal will be accepted if you have not complied.

You should not enter decimals, as all correct answers are whole numbers. If you have found an

answer to a question with a decimal number, go back to your calculation because you have made a

mistake somewhere.

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"Submit all and Finish".

All figures are exclusive of tax.

The company V$$lo$-$buro assembles bicycles that can also be used in the office as a workstation, so

that you can pedal while using your computer. Even if the employee has a conventional office desk,

this allows him or her to combat the negative effects of a sedentary lifestyle by spending a few

moments on the V$$lo$-$buro during the day. This is the name the company has given to its product.

The company was established on $1^{\text{i}\text{e}\text{t}}$ January $N$ with a total staff of $24$ people in all functions.

As the company is in its start$-$up phase, it assembles bikes to order and therefore has no inventories

of finished products or components. All the bikes sold in a month were therefore assembled in the

same month.

PART ONE:

In January N$,$ the company sold $155$ V$$lo$-$buros at a unit price of $2,100.$ For this level of activity, it

incurred the following expenses:

Component Batches $($CBVB$)$ used for the assembly of the V$$lo$-$Buros $($CB for Component

Batch and VB for V$$lo$-$buro$)$: $170,500.$

Staff costs including social charges $($always for one month$)$ :

$1$ director: $6,000$

$3$ executives: $4,500$ per person

$20$ workers: $3,000$ per person

All employees, whoever they are, are hired on a full$-$time basis, there is no part$-$time work.

Other expenses $($still per month$)$ :

Rent: $20,000$

Depreciation: $15,000$

Other fixed costs: $10,500.$

In February N$,$ the company sold $160$ V$$lo$-$buros.

Even if several workers are involved in the production of the same V$$lo$-$buro, it is considered that a

worker can produce a maximum of $8$ V$$lo$-$buros per month.

In March N$,$ the company sold $($and therefore manufactured$)181$ V$$lo$-$buros. It therefore had to hire

workers, under the contractual and financial conditions mentioned above.

QUESTIONS FROM PART ONE :

Calculate the net income for January $N$ using a contribution income statement.

Calculate the company's break$-$even volume for that month of January $N.$

What was the total amount of expenses incurred by the company in February N$?$

What was the company's net income in March $N($again using a contribution income

statement$)?$