Q1. In the table below, calculate the P&L changes using a cost-plus 20% job costing for the following:

• New GP $ & GP margin %
• New Total Overheads $ & % sales
• New Net Profit $ & Net Profit margin %

Then, answer the questions in the table below the P&L.

12 Month P&L	Original		Cost-plus 20%
		% sales		% sales
Revenue	750,000		900,000
Total Direct costs	600,000
Gross Profit	150,000	20.0%
Total Overheads	109,982	14.7%
Net Profit	40,018	5.3%

a. What is the cost-plus % amount needed to achieve a 20% margin?

b. Calculate the sales break-even in months?

c. Calculate the sales break-even using the numbers above?