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Answer the questions from the information provided. 3.1 Use the information provided below to calculate the following independently: 3.1.1 Break-even quantity 3.1.2 Margin of safety (in Rands) 3.1.3 The total Marginal Income and Net Profit (Loss), if the selling price is reduced by 10%.

Answer the questions from the information provided. 3.1 Use the information provided below to calculate the following independently: 3.1.1 Break-even quantity 3.1.2 Margin of safety (in Rands) 3.1.3 The total Marginal Income and Net Profit (Loss), if the selling price is reduced by 10%.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Answer the questions from the information provided. 3.1 Use the information provided below to calculate the following independently: Break-even quantity 3.1.1 3.1.2 Margin of safety (in Rands) 3.1.3 The total Marginal Income and Net Profit (Loss), if the selling price is reduced by 10%. 3.1.4 The selling price per unit that will enable the company to achieve a net profit of R480 000. INFORMATION Seata Ltd manufactures chairs. The following information was extracted from the budget for the month ended 31 March 2022: Sales 5 000 units Selling price per unit R300 Variable manufacturing cost per unit R105 Manufacturing overheads (all fixed) R240 000 Selling costs 25% of sales Administrative costs (all fixed) R300 000
Transcribed Image Text:Answer the questions from the information provided. 3.1 Use the information provided below to calculate the following independently: Break-even quantity 3.1.1 3.1.2 Margin of safety (in Rands) 3.1.3 The total Marginal Income and Net Profit (Loss), if the selling price is reduced by 10%. 3.1.4 The selling price per unit that will enable the company to achieve a net profit of R480 000. INFORMATION Seata Ltd manufactures chairs. The following information was extracted from the budget for the month ended 31 March 2022: Sales 5 000 units Selling price per unit R300 Variable manufacturing cost per unit R105 Manufacturing overheads (all fixed) R240 000 Selling costs 25% of sales Administrative costs (all fixed) R300 000
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