Question: 2) Task 2 Q1. Given the following information for Al-Maha Shop Company, answer the following questions: Selling price (per unit) 500 R. O Number of

 2) Task 2 Q1. Given the following information for Al-Maha Shop

2) Task 2 Q1. Given the following information for Al-Maha Shop Company, answer the following questions: Selling price (per unit) 500 R. O Number of units sold 200 Variable cost (per unit) 300 R. O Fixed cost 600,000 R. O i. Calculate contribution margin ratio (10 marks) ii. Find Breakeven Point in amount (10 marks) iii. Find Breakeven Point in units (10 marks) Q2. Discuss the importance of calculating Break-even point for any organization (20 marks) Q3. Explain the difference between fixed cost and variable cost? Support your answer with examples? (20 marks) Q4. Each student is required to engage in the following course and answer the following question: https://alison.com/course/basic-accounting Write a report of 300 words about the course describing the challenges you faced and the benefits you got while engaging in the above-mentioned course (20 marks). (90 Marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!