FIN3701
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FIN3701 questions and answers 2023
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FIN3701•FIN3701
FIN3701 ASSIGNMENT 2 
SEMESTER 1 - 2020 
 
DUE: 30 APRIL 2020 
2 
QUESTION 1 
1.1 Calculate the business operating break-even point. 
3 
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 R...
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FIN3701•FIN3701