Exam (elaborations)
FIN 3701 ASSIGNMENT 2
Rating
Sold
-
Pages
14
Grade
A+
Uploaded on
01-09-2021
Written in
2021/2022
1.1 Calculate the business operating break-even point. Monthly fixed costs = R4 000 Selling price per unit = R10 000 ÷ 1 500 figurines = R6.67 Variable cost per unit = R6 Break-even point = = = 5 970 6 000 1.2 Calculate the EBIT on the departmental store order. Units sold 1 500 Price per unit [R10 000 ÷ 1 500 figurines] R6.67 Total Sales R10 000 Less: Fixed costs (R4 000) Variable cost per unit (R6) Total variable costs [R6 × 1 500 figurines] (R9 000) Total Expense (R13 000) EBIT [R10 000 – R13 000] (R3 000) 1.3 If Johan renegotiates the contract at a price of R1
Show more
Read less
Institution
Johns Hopkins University
Course
FIN 3701 ASSIGNMENT 2
Whoops! We can’t load your doc right now. Try again or contact support.
Written for
- Institution
-
Johns Hopkins University
- Course
-
FIN 3701 ASSIGNMENT 2
Document information
- Uploaded on
- September 1, 2021
- Number of pages
- 14
- Written in
- 2021/2022
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
$3.49
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
