Zodiac retail dealer in shirts is currently selling 24,000 shirts annually. He supplies the following details for the year ended 31st March 2019. Selling price per shirt=P800 Variable cost per shirt=P600 Staff salaries-P24,00,000 General Office Cost =P 800,000, Advertising Cost-P800,000 Calculate Break Even Point and margin of safety in sales revenue and number of shirts sold.

Zodiac retail dealer in shirts is currently selling 24,000 shirts annually. He supplies the following details for the year ended 31st March 2019. Selling price per shirt=P800 Variable cost per shirt=P600 Staff salaries-P24,00,000 General Office Cost =P 800,000, Advertising Cost-P800,000 Calculate Break Even Point and margin of safety in sales revenue and number of shirts sold.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter18: The Management Of Accounts Receivable And Inventories

Section: Chapter Questions

Problem 19P

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