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Use below information for Questions 18 to 20: Company X has collected the following information after its first year of sales. Sales were TL 1,620,000
Use below information for Questions 18 to 20: Company X has collected the following information after its first year of sales. Sales were TL 1,620,000 on 160,000 units. Selling expenses were TL 245,000 of which 42% was variable. Direct materials were TL490,000 and direct labor were TL 290,000. Administrative expenses were TL270,000 of which 26% was variable. MOH was TL384,000 of which 72% was variable. Q-18) Compute contribution margin. Q-19) Calculate breakeven point in TL. Q-20) Calculate units to be sold to achieve a target net income of TL200,000
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