Question: answer with details including formula for each section total variable costs and fixed costs were $ 8,000 and $ 3,000 Anna & Oliver Shop made

answer with details including formula for each section answer with details including formula for each section total variable costs and
total variable costs and fixed costs were
$ 8,000 and $ 3,000

Anna \& Oliver Shop made total sales of S18,000 in 2021. Total variable costs and fixed costs were 58.000 and $3.000. The sales quantity is 100 units. Required: Compute the following: ( 2 marks) a) Calculate the breakeven point (in sales amount). b) Calculate the breakeven point (in unit amount). c) Calculate the margin of safety. c) Calculate the margin of safety ratio

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 Accounting Questions!