Question: Question 1 ( 1 0 Marks ) Use the information provided in the table below to answer the given questions Selling Price R 2 0

Question 1(10 Marks)
Use the information provided in the table below to answer the given questions
Selling Price R20
Variable Cost 25% of selling price
Fixed Cost R150000
Expected sales 20000 units
a) Calculate the break-even point in units and the break-even value in Rand
b) Determine the margin of safety in units
c) What do you understand by the term break-even?

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