Will Pierce sells organic vegetable boxes, which cost on average 4.80, for an average price of 8.

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Will Pierce sells organic vegetable boxes, which cost on average £4.80, for an average price of £8. The fixed costs of his business are £26,800 per year. He is currently selling 10,000 boxes per year. Based on this data, calculate the following:

(i) break-even level in number of boxes;

(ii) margin of safety in output;

(iii) margin of safety as a percentage of current sales.

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Accounting For Non Accountants

ISBN: 9780749465971

9th Edition

Authors: David Horner

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Question Posted: Jan 31, 2024 03:05 AM

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Will Pierce sells organic vegetable boxes, which cost on average 4.80, for an average price of 8.

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Accounting For Non Accountants

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