2019 2020 Sales price per unit R15 R19 Variable cost per unit R6 R7 Fixed cost(FC) per annum R650 000 R855 500 Fixed cost per unit R3 R4 Current assets R450 600 R560 700 Current liabilities R510 000 R780 000 Retained profit R21 809 R17 600 Net sales R2900 320 R3 100 1000 Cost of sales R390 000 R475 000 Q.5.1.1 Calculate the break‐even point for Pearson & Litt for 2019 and 2020.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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  2019 2020
Sales price per unit R15 R19
Variable cost per unit R6 R7
Fixed cost(FC) per annum R650 000 R855 500
Fixed cost per unit R3 R4
Current assets R450 600 R560 700
Current liabilities R510 000 R780 000
Retained profit R21 809 R17 600
Net sales R2900 320 R3 100 1000
Cost of sales R390 000 R475 000

Q.5.1.1 Calculate the break‐even point for Pearson & Litt for 2019 and 2020.

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