Chiyeyeye Enterprises Ltd sells equestrian boots and has three brands: Riding boots, work boots and casual wear. Looking ahead to the financial year ending 31st may, 2022, the directors of Chiyeyeye Enterprises ltd are faced with a budget loss of ZMW 10 000. This is based on the following data:Budgeted number of boots 10 000Sales price per unit ZMW10Variable cost per unit ZMW 6Fixed cost ZMW 6000 Calculate the breakeven point for Chiyeyeye Enterprise ltd The number of boots to be sold to make a profit of ZMW 20 000 3. What happens to the profit if the overheads increase to ZMW 8000?

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6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Chiyeyeye Enterprises Ltd sells equestrian boots and has three brands: Riding boots, work boots and casual wear. Looking ahead to the financial year ending 31^st may, 2022, the directors of Chiyeyeye Enterprises ltd are faced with a budget loss of ZMW 10 000. This is based on the following data:

Budgeted number of boots 10 000

Sales price per unit ZMW10

Variable cost per unit ZMW 6

Fixed cost ZMW 6000