Question: This is the complete question. I'm unable to resolve it. MBA4807 OCTOBERINOVEMBER 2017 (15 marks) Questlon 2 The sales manager of your company wants to

This is the complete question. I'm unable to resolve it.
MBA4807 OCTOBERINOVEMBER 2017 (15 marks) Questlon 2 The sales manager of your company wants to introduce a new leather handbag in the m approaches you to assist him in calculating the selling price as well as the number of handbags to sell to break-even He provides you with the following information Leather 2 meters per handbag Leather being imported at the cost of R9,200 per 150m roll Labour Cutting and Sttching 3 hours per handbag Labour rate is R75,00 per hour of matenal Supervisor salary Import cost Delivery cost R9,500 per month R1200 per load of 4 rolls of leather R1,500 per load A load consists of 16 handbags Accountant Salary R8,500 per month Rent R5,000 per month Rent is being allocated according to floor space 75% of the floorspace occupied by the uction Adm?n?stration cost R10,500 per month Depreciatiorn The company has 2 (two) sewing machines at the cost of R8,560 per machine Depreciation is calculated at 20% per annum on the straight-line method Additional notes The company is a pnce setter and seling pnce s calculated as mark-up of 150% on variable cost per unt Tax rate is 30% . Required: 1 Calculate tho selling pnce per handbag 2 Calculate the break-even (in number) of handbags to be sold 3 Calculate the number of handbags to be sold if the company wants to eam a proft after tax of 10% of the total sales
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