Question: 2) Having learnt something about CVP, Mr. Jones requests a CVP Statement for one division in the company. He has supplied the following relevant

2) Having learnt something about CVP, Mr. Jones requests a CVP Statement

2) Having learnt something about CVP, Mr. Jones requests a CVP Statement for one division in the company. He has supplied the following relevant information; Unit Selling Price Unit Variable Costs Fixed Costs $ 500 $ 350 $ 72,000 720 Units Sold You are asked to: a) Prepare a CVP Income statement from the data the Break Even Point provided. 6 Marks b) Compute Units 4 Marks in

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