A break-even chart is shown below for Windhurst Ltd. You are required: (i) To identify the components

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A break-even chart is shown below for Windhurst Ltd.

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You are required:(i) To identify the components of the break-even chart labelled p, q, r, s, t, u, v, w, x and y;(ii) To suggest what events are represented at the values of x that are labelled m and non the chart;(iii) To assess the usefulness of break-even analysis to senior management of a small company.

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