QUESTION NO. 2 (10)Complete the tableComplete the table below.UnitsFixed costs (5)Variable costs (S)1,0002,0003,0004,0005,00080,00072,000Total costs ($)Sales revenue ($)60,000Calculate the Following1. Contribution Margin 2. Breakeven and also plot of graph2. Profit /Loss at 1500 units3. Profit /loss at 4500 units4. Margin of Safety at 5000 units

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Complete the table below. Units Fixed costs ($) Variable costs ($) Total costs ($) Sales revenue ($) Calculate the Following 1. Contribution Margin

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

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