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A company manufactures a one product. Estimated cost data regarding this product and other information for the product and the company are as follows:Sales price per unit Rs.2000Total variable production cost per unit Rs1100Sales commission (on sales) 5%Fixed costs and expenses:Manufacturing overhead Rs 27,99,36,000General and administrative Rs 18,66,24,000Effective income tax rate 40%How many units must the company sell in the upcoming year in order to reach its breakeven point? Show all workings. Recalculate the breakeven point for Sales price per unit Rs 2750 and Variable Cost per unit Rs 1350. Tax and Sales Commission rates remain unchanged
Explain Profitability ratios in relation to sales a) Gross profit ratio b) Net profit ratio c) Operating ratio d) Operating profit ratio e) Expenses ratio
Archie Ltd manufactures a product called Gizmo. It uses the following direct inputs: Price Quantity Cost per unit of output Direct materials $4 per gram 10 grams per unit $40 per
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discuss which of the cost classification is suitable for LunchBreak LTD and why?
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Required: 1. Using the information provided prepare a Balance Sheet. Separate the current assets from non-current assets and provide a total for each. Also separate the current li
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