Question: please could someone help me with these questions! 2. The financial management of any organization requires a good level of planning. Discuss. (7) Case Study
please could someone help me with these questions!
2. "The financial management of any organization requires a good level of planning". Discuss. (7) Case Study (5) 'Tasty Break', the sandwich business, has fixed costs of 1,000. The cost of producing a sandwich is 1 and the price charged for each sandwich is 2. 1. Give one example of a fixed cost for 'Tasty Break' and one variable cost. 2. What happens to the breakeven point if: a) The price of a sandwich is reduced to 1.50 b) A cheaper bread supplier is found, reducing the production costs to 70p c) Fixed costs increase to 1,100 per month
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