Assume the following: * Unit Selling price, USP = 80; * Unit Variable cost, UVC = 60;

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Assume the following:

* Unit Selling price, USP = €80;

* Unit Variable cost, UVC = €60;

* Fixed cost in total, FC = €5000;

* Units sold = 365

(It’s recommended to prepare a preliminary Income statement, using the Marginal approach.)

Round your numerical answers to 2 significant decimal places, if not even.

Round monetary answers to the nearest whole euro.

1. How much is the Break-Even Point in units?

2. How much is the Margin of Safety in euros?

3. How much is the Margin of Safety percentage?

Related Book For answer-question

Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

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Posted Date: Nov 21, 2022 08:01 AM

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Assume the following: * Unit Selling price, USP = 80; * Unit Variable cost, UVC = 60;

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Break Even Point It is the point where the cost and revenue are in equilibrium or equ... View the full answer

Financial Management for Decision Makers

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