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Use the information below and answer the questions that follow: Selling price = N$650.00 Lease and rent payments = N$850 000.00 Cost of goods sold
Use the information below and answer the questions that follow: Selling price = N$650.00 Lease and rent payments = N$850 000.00 Cost of goods sold = N$70.00 Interest expense = N$ 100 000.00 Labour costs = N$80.00 A) What is the companys contribution margin? (2) B) Calculate the break-even point in units. (4) C) If the company wants to earn a profit of N$200 000.00 instead of breaking even, what is the number of units that the company must sell? (4) Show all working to obtain full marks.
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