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The following figures of sales and profits for two periods are available in respect of a concern:You are required to find; (i) P/V ratio(ii) Fixed cost(iii) Break – even point(iv) Profit at an estimated sale of Kshs. 125,000(v) Sales required to earn a profit of Kshs. 20,000
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(a) Fixed costs Kshs. 40,000 variable cost 60% on sales. Determine the break – even point.(b) Find out new break - even point if;(i) Fixed costs increase by Kshs. 10,000(ii) Variable costs increase by 15% on sales(iii) Sales price increases by 20%(iv) Variable costs are reduced by 10%
Date posted: April 15, 2019 . Answers (1)
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