A company is budgeting to sell 230,000 units of its product next year at a price of £15 per unit. Fixed costs will be £1,400,000 with variable costs of £8. What is the break- even revenue and margin of safety in the budget?
Managing Organisational Performance 1. Paddington plc manufactures advanced cordless saws in a single factory. Each saw sells for £200 and the material costs £80 per unit. There is no limit to sales demand. Other production costs are £1,100,000 per year. Each saw requires the use of multiple machines of which, one machine is old and … Read more