A Co. has annual fixed Costs Of % 1,40,000. In 2012 sales amounted to ¥6,00,000, as Compared with 2% 4,950,000 in 2011, and profit in 2012 was 2 42,000 higher than that in 2011.
i) At what level of sales does the company break-even?
(ii) Determine profit or loss on a forecast sales volume of % 8,00,000
iii) If there is a reduction in selling price by 10% in 2013 and the company desires for earn the same amount of profit as in 2012, what would be the required sales volume?