Indian Plastics make plastic buckets. An analysis of their accounting reveals: Required: (i). Find the break-even point.
Question:
Indian Plastics make plastic buckets. An analysis of their accounting reveals:
Required:
(i). Find the break-even point.
(ii). Find the number of buckets to be sold to get a profit of Rs. 30,000.
(iii). If the company can manufacture 600 buckets more per year with an additional fixed cost of Rs. 2,000, what should be the selling price to maintain the profit per bucket as at
(ii) Above?
Transcribed Image Text:
Variable cost per bucket Fixed cost Capacity Selling price per bucket Rs. 20 Rs. 50,000 for the year 2,000 buckets per year Rs. 70
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