A company has fixed costs of £50,000 and produces one product with a selling price of £12.00 each…
A company has fixed costs of £50,000 and produces one product with a selling price of £12.00 each and variable costs of £7.00 per unit. The maximum factory capacity is 20,000 units and it anticipates selling 15,000 units. Construct a break-even chart showing the break-even point and the margin of safety.