QUESTION 3 3.1 REQUIRED Calculate the following from the information provided below: 3.1.1 Break-even value using...
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QUESTION 3 3.1 REQUIRED Calculate the following from the information provided below: 3.1.1 Break-even value using the marginal income ratio 3.1.2 Margin of safety (in units) 3.1.3 Break-even quantity if a sales commission of 20% is introduced. (20 Marks) (4 marks) (4 marks) (4 marks) INFORMATION Ascot (Pty) Ltd manufactures a single product and the following budget has been produced by the management accountant Sales at R250 per unit Variable costs Fixed manufacturing, administrative and marketing costs All the units produced are expected to be sold. 3.2 REQUIRED Use the information provided below to answer the following questions independently 3.2.1 If Kempster Limited decides on a profit objective of R400 000, calculate the target sales volume R1 000 000 R600 000 R250 000 (4 marks) QUESTION 3 3.1 REQUIRED Calculate the following from the information provided below: 3.1.1 Break-even value using the marginal income ratio 3.1.2 Margin of safety (in units) 3.1.3 Break-even quantity if a sales commission of 20% is introduced. (20 Marks) (4 marks) (4 marks) (4 marks) INFORMATION Ascot (Pty) Ltd manufactures a single product and the following budget has been produced by the management accountant Sales at R250 per unit Variable costs Fixed manufacturing, administrative and marketing costs All the units produced are expected to be sold. 3.2 REQUIRED Use the information provided below to answer the following questions independently 3.2.1 If Kempster Limited decides on a profit objective of R400 000, calculate the target sales volume R1 000 000 R600 000 R250 000 (4 marks)
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