Question: find ( a - b - c ) QUESTION 2 Taharah Industries developed the following information for the product it sells: Sales price Variable cost

 find ( a - b - c ) QUESTION 2 Taharah
find ( a - b - c )

QUESTION 2 Taharah Industries developed the following information for the product it sells: Sales price Variable cost of goods sold Fixed cost of goods sold Variable selling expense Variable administrative expense Fixed selling expense Fixed administrative expense RM50 per unit RM28 per unit RM650,000 10% of sales price RM2.00 per unit RM400,000 RM300,000 For the year ended 31 December 2018, Taharah produced and sold 100,000 units of product. Instructions: (a) Prepare a CVP income statement using the contribution margin format for Taharah Industries for 2018. (4 marks) (b) What was the company's break-even point in units in 2018? Use the contribution margin technique. (3 marks) (c) What was the company's margin of safety in dollars in 2018? (3 marks) [TOTAL 10 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 Accounting Questions!