Question: Section B: Problem Solving Question no. 1: Silver Shop made total sales for AED360,000 in 2015. Total variable costs were AED126,000. Total fixed costs were

Section B: Problem Solving Question no. 1: Silver Shop made total sales for AED360,000 in 2015. Total variable costs were AED126,000. Total fixed costs were AED80,000. Required: Compute the following a) Calcuate breakeven point (in sales amount). (6 Marks) (2 marks) (2 marks) b) Calculate margin of safety ratio Solver shop is interested in increasing margin of safety ratio, explain what measures can be taken to increase this ratio? (1 % marks) c)

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